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more detailed study regarding

Posted: Sun Dec 22, 2024 9:36 am
by AnamikaSA60
In the definition provided by the World Bank industries and businesses whose number of employees is less than and whose annual income does not exceed million dollars are considered small businesses. Currently small businesses form an important part of the labor market in different countries of the world. In the United States of private sector employees that is about million people work in small businesses.

This amount and similar statistics in other countries show that small businesses play an important role in the economic development and growth of countries and are decisive in creating jobs and job opportunities. Also read number saudi arabia entrepreneurial ideas of profitable small businesses in Iran. Lets see together what small businesses are in Iran. In Iran the criterion of being small is the number of personnel and different ministries have provided different definitions.

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In the Ministry of Industry and Mining if a workshop or complex has less than personnel or employees it will be considered a small business. In the Statistics Center of Iran businesses with less than employees are considered small businesses. The Central Bank of Iran calls it a small business if the company or group has less than employees. In Iran more than of jobs and professions are small businesses.