Meaning of “small business” in the English Dictionary

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"small business" in Business English

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small businessnoun

uk us COMMERCE

[ C or U ] a small company, or small companies as a group. A small business is often privately owned, does not employ many people, and has a low volume of sales:

When you are a small business, bank charges really hurt.
The tax changes will bring immediate benefits for small business.

(Definition of “small business” from the Cambridge Business English Dictionary © Cambridge University Press)