Image for SMB (Small and Medium-sized Businesses)

SMB (Small and Medium-sized Businesses)

Small and Medium-sized Businesses (SMBs) are companies that fall between small entrepreneurs and large corporations in size and revenue. They typically have a limited number of employees, manageable operational scale, and serve local or niche markets. SMBs are essential drivers of economic growth, innovation, and employment. Their needs often include tailored financial services, technology solutions, and marketing strategies to compete effectively. Despite smaller size compared to large corporations, SMBs play a vital role in the economy by providing goods, services, and jobs within their communities.