SMALL BUSINESS

KAMILA CYBULSKA
DEFINITION

• Small business is defined as a privately owned corporation, partnership, or sole proprietorship

that has fewer employees and less annual revenue than a corporation or regular-sized business.
The definition of "small"—in terms of being able to apply for government support and qualify
for preferential tax policy—varies by country and industry.
NUMBERS

According to OECD statistics, we define enterprises based on employment as follows:

• very small – from 1 to 19 employees
• small – from 20 to 99 employees
• medium – from 100 to 499 employees
• large – over 500 employees
SMALL BUSINESS
small grocery
stores, bakeries or
 delicatessens

lawyers, 
hairdressers or 
accountants, 
tradespeople (e.g.,
dentists,
 carpenters, 
and medical
electricians)
doctors

web
restaurants, motel
design and compu
s
ter programming
ADVANTAGES

• Small businesses can be started at a low cost and on a part-time basis, while a person
continues a regular job with an employer or provides care for family members in the home,
• Local businesses are better for a local economy than the introduction of new chain stores,
• Independence
• Financial reporting
CHALLENGES

Bankruptcy Job quality Cyber crime

WAYS TO SUPPORT THE DEVELOPMENT
OF SMALL AND MEDIUM-SIZED BUSINESS

F IN A N C I AL N O N - F I N AN C I AL

• Preferential credits, • Training,

• Tax credits, • Consulting,
• Credit guarantees, • Entrepreneurship incubators.
• Accelerated depreciation.
SOURCES

• https://asq.org/quality-resources/small-business
• https://pl.wikipedia.org/wiki/Small_business
• https://en.wikipedia.org/wiki/Small_business