Small firms in the economy (and solar system)
This chapter examines some of the "big picture" statistics about Small and Medium Enterprises, and shows how people work and manage in a small firm. It focuses on a static business and employment evaluation. The chapter outlines the standard employment and value-based analysis of small firms within economies. The Australian Bureau of Statistics' definition of a small business is fewer than 20 employees. The Australian nascent ventures are driven by opportunity makes sense: they are more likely to evolve in "mature" industries, such as business consulting/services, construction, retailing, consumer services, and health education and social services. Entities in the solar system – growth capped and growth uncapped. Basically, growth capped firms actively seek to grow revenues, market share and returns, but only to a point. The growth uncapped group have no qualms with diluting control, or changing the ownership mix, provided they can achieve their business ownership objectives.