What is a Microbusiness?

More is possible with less because of advancements in technology.

More is possible with less because of advancements in technology.

There are different opinions about the definition microbusinesses, but most people agree that it is simply a business run by an individual or a very small group of people.

Our definition? A business with 1-10 employees.

While the term ‘small business’ can also be applied to what we’re calling a microbusiness, a small business can have anywhere from 1 to 500 employees, encompassing a much wider variety of organizations than we’ll be discussing.

It’s cheaper than ever to fail, so get started!

Read our detailed definition of microbusiness here!

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