Day: August 11, 2022

What is a Micro Business?

What is a Micro Business?

A microenterprise is a subcategory of small business that is specifically defined by a small number of employees, annual revenues, and start-up costs. Micro businesses are often run by sole proprietors, freelancers and side hustlers who start their business with very little operating and capital needs. Many business owners consider themselves a small business, when