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Defination of small business?

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Defination of small business?

Posted by Neha Sharma 5 years ago

CBSE > Class 11 > Business Studies

2 answers

Harshita Dhariwal 5 years ago

Operates on a small scale.....less capital is needed....less labour force required

Yogita Ingle 5 years ago

A business which operates on a small scale and required less capital, less labour and less machines is called small business. The goods are produces on a small scale. This business is operated and managed by the owner of the business. In India, the village and small Industries sector consists of both traditional Handlooms, Handicrafts, khadi and Village Industries. Modern small Industries – Small scale industries and Power looms.

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