128 - What is a Small Business?

Scale Your Small Business - A podcast by Jillian Flodstrom

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Today, we’re going to quickly and concisely break down what exactly a small business is, its definitions, and types, and get some clarity on what type of shop you run.  In this episode, you’ll learn:  A small business by definition is any business that has no more than 1500 employees and less than $38.5 million in revenue.   About 90% of small businesses have less than 20 employees Small businesses with that many employees make up 89% of all businesses in the nation There are four types of small businesses: sole proprietor (one-person show), partnership (two people), corporation, or LLC.  To access the full video, show notes and resources from this episode, please visit https://scaleyoursmallbusiness.org/blog/. If you have any comments or questions about the podcast, please connect with us using one of the options below: Website Link - https://www.jillianflodstrom.com Facebook Link - https://www.facebook.com/jillianflodstrom/ Instagram Link - https://www.instagram.com/jillianflodstrom/ Twitter Link - https://twitter.com/jflodstrom YouTube Link - https://www.youtube.com/c/JillianFlodstrom LinkedIn Link - https://www.linkedin.com/in/jillianflodstrom/ Pinterest Link - https://www.pinterest.com/jillianflodstrom/boards/ Clubhouse Link - jflodstrom