Definitions from the Web
Small Business
Description:
A small business refers to a privately owned and operated entity that is typically characterized by its small workforce, limited revenue, and relatively low market share. Small businesses play a vital role in driving economic growth and creating employment opportunities.
Sample Sentences:
- 1. Jane's small business, a local bakery, has been thriving for over a decade.
- 2. It is important to support small businesses in our community to promote local entrepreneurship.
- 3. The government aims to encourage the establishment of more small businesses by providing tax incentives.
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