SMEs: Small and Mid-sized Enterprices
“Small and mid-sized enterprises are what drives the business world. They cannot be pigeonholed. Their needs are vastly different.“
SMEs are defined as companies with fewer than 250 employees. They can be divided into:
- Microenterprises: fewer than 10 employees
- Small businesses: 10 to 49 employees
- Mid-sized companies 50 to 249 employees
They have one thing in common: They act responsibly over the long term. At the same time, the government often imposes too many restrictions on them with respect to tax, labour, and social security laws.
Capitalising on the company’s development potential and identifying risks promptly takes time, as well as expert knowledge. And that’s where we come into play.