Business Pitch Dictionary by pitch.dog
Startup stages & company states · Core

Small business

Also called: SME, small enterprise

ELI5

A smaller independently run business.

Used in conversation

“The small-business definition depends on the programme and jurisdiction.”

Definition

An independently owned business within applicable size thresholds, which vary by jurisdiction and industry.

Here “Small business” means: An independently owned business within applicable size thresholds, which vary by jurisdiction and industry.

Pitch context

You will see “Small business” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches startup stages & company states.

Why it matters: It helps a reader interpret startup stages & company states without confusing the measure, decision, role or evidence being discussed.

Connected terms

  • SMEThe search label “SME” can route to both entries.
  • Subject-matter expertThe search label “SME” can route to both entries.
Sources & evidence · 5

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.