small enterprises

Small enterprises are businesses that operate on a relatively modest scale, typically with a limited number of employees and revenue. They often serve local markets and are independently owned and managed. Examples include local shops, small restaurants, and small service providers. These businesses play a crucial role in the economy by creating jobs, fostering local economic growth, and offering personalized goods and services. Though smaller than large corporations, they often face unique challenges like limited resources and access to capital. Small enterprises are vital for innovation, community engagement, and ensuring diverse economic participation.