small and medium-sized enterprise

Business

firm with under 250 employees an organization that is in the startup or growth phase of development and has fewer than 250 employees. This definition of a small and medium-sized enterprise is the one adopted by the United Kingdom's Department for Business Enterprise and Regulatory Reform for statistical purposes.

Related definitions of "small and medium-sized enterprise"

Abbr SME

Recommended Further Reading (Term count)

Invoicing and Credit Control for Small and Medium-Sized Enterprises
This checklist outlines invoicing and credit control for small and medium-sized enterprises (SMEs).
Managing Intellectual Capital
by Leif Edvinsson
Intellectual capital (IC) is an offspring of the knowledge era. It is still in its formative phase, having first been formally recognized in 1991 when the large Swedish corporation, Skandia, started implementing a comprehensive set of innovative knowledge practices to account for its intangible assets. This pioneering initiative, championed by Jan Carendi and Bjorn Wolrath, resulted in Leif Edvinsson being appointed as the world’s first Director...
Banks and Small and Medium-Sized Enterprises: Recent Business Developments
by Sergio Schmukler, Augusto de la Torre, María Soledad Martínez Pería
A common perception is that small and medium-sized enterprises (SMEs) cannot access appropriate financing. This perception is often supported by academic and policy circles’ “conventional wisdom” that banks are generally not interested in dealing with SMEs, mainly due to SMEs’ perceived opaqueness1 and higher informality.2 As capital markets do not compensate for these deficiencies in the banking sector, the need to receive special assistance,...
Small and Medium-Sized Enterprises and Risk in the Gulf Cooperation Council Countries: Managing Risk and Boosting Profit
by Omar Fisher
Small and medium-sized businesses (SMEs) across the Gulf Cooperation Council (GCC) region, many of which are family-owned enterprises, bear the same risks as Fortune 1000 companies. A common definition of a SME is a business with fewer than 250 employees and revenues below US$68 million (Dhs 250 million), whereas the real difference lies in scale and complexity. We have found in working with many types of business that most business owners in...

Definitions of ’small and medium-sized enterprise’ and meaning of ’small and medium-sized enterprise’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’small and medium-sized enterprise’ and other financial terms with our online QFINANCE Financial Dictionary.

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Assessing Venture Capital Funding for Small and Medium-Sized Enterprises
by Alain Fayolle and Joseph LiPuma
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Banks and Small and Medium-Sized Enterprises: Recent Business Developments
by Sergio Schmukler, Augusto de la Torre, and María Soledad Martínez Pería
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Financial Steps in an IPO for a Small or Medium-Size Enterprise
by Hung-Gay Fung
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Cash Flow Best Practice for Small and Medium-Sized Enterprises
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Understanding Equity Capital in Small and Medium-Sized Enterprises
by Siri Terjesen

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