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Is the universally accepted definition of the term small business is based on the number of people employed by the firm.
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Is the universally accepted definition of the term small business is based on the number of people employed by the firm.

User Leon Grapenthin
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Not in particular no , Small businesses are based on the market segment the business is trying to reach. A good example is a Mini- Market in a small town.
User Cogman
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