- Enterprise Size By Employee
____________ - Total
- 5-9
- 10-19
- 20-99
- 100-499
- 500+
- Number of Firms
_____________ - 6,294,604
- 1,021,828
- 636,541
- 519,015
- 88,023
- 19,688
- Establishments
____________ - 8,148,606
- 1,036,959
- 671,679
- 689,604
- 365,365
- 1,365,941
- Employment
__________ - 128,348,299
- 6,726,092
- 8,559,070
- 20,219,046
- 17,268,572
- 69,395,021
- Annual Payroll
($1000) - 8,278,573,947
- 302,779,028
- 400,743,270
- 1,077,643,283
- 1,103,595,973
- 5,049,891,861
There are various company classifications based on the number of employees
1. Micro-Enterprises:
Employee Range: 1 to 9 employees
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Description: These are the smallest businesses, often family-owned or operated by a single person with a few assistants. They typically serve a local market and have limited resources.
2. Small Enterprises:
Employee Range: 10 to 49 employees
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Description: Small businesses make up a significant portion of the economy. They may have a more established structure than micro-enterprises and might specialize in a particular product or service.
3. Medium-Sized Enterprises (SMEs):
Employee Range:50 to 249 employees (sometimes the definition extends to 499)
-
Description:Medium-sized businesses often have more complex structures than smaller firms. They may have multiple departments, established marketing strategies, and operate across a wider geographical area.
4. Large Enterprises:
Employee Range: 250 or more employees (sometimes the definition starts at 500)
-
Description: Large enterprises are well-established organizations with significant resources. They might have national or even international reach and employ thousands or tens of thousands of workers.
Standardization and Variations:
It’s important to note that these classifications can vary slightly depending on the source. Government agencies, industry associations, and research groups might use different employee ranges for each category.
Additional Considerations:
Annual Revenue: In addition to the number of employees, some definitions might also consider a company’s annual revenue for size classification. This provides a more comprehensive view of a company’s size and financial standing.
Source of Definitions:
The Organization for Economic Co-operation and Development (OECD) is a common source for these size classifications. You can find their definitions on OECD Enterprises by business size: data.oecd.org
Remember, these classifications provide a general framework. A company’s specific size and structure can vary depending on its industry, location, and business model.
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