a synonym for small-scale enterprise: a business, often family-based or a cooperative, that usually employs fewer than ten people and may operate "informally."
A synonym for small-scale enterprise: a business, often family-based or a cooperative that has five or fewer employees, one or more of whom owns the enterprise.
A small-scale business in the informal sector. Microenterprises often employ less than 5 people and can be based out of the home. Microenterprise is often the sole source of family income but can also act as a supplement to other forms of income. Examples of microenterprises include small retail kiosks, sewing workshops, carpentry shops and market stalls.
A microenterprise is a type of small business. A microenterprise is defined as a business having 5 or fewer employees and a seed capital of not more than $35,000. Typically, microenterprises have no access to the commercial banking sector.
