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Small and Medium Businesses

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Small and medium sized businesses, also called SMBs or small and medium enterprises or SMEs are companies whose headcount or turnover falls below a certain limit. (Wikipedia, 2007).


SME is an abbreviation which is common particularly in the European Union and other international organizations like World Bank, the United Nations as well as the WTO. It also commonly occurs as a standard term in other countries as well.


In the past, the European Union Member States had a definitive explanation of exactly an SME constitutes. For example, conventionally; Germany had a limit of 500 employees, while, for example, in Belgium it could have been 100. (Wikipedia, 2007). Now, the European Union has standardized the concept, in which a “small business” would constitute a company with less than 50 employees and a company with less than 250 employees would come under the definition of “medium sized business”. In the United States there is a variation in terms of the above figures to fit the SME definition.  In the United States, a small business refers to fewer than 100 employees while a medium-sized business constitutes less than 500 employees.


Business Enterprises which comprise of less than 10 employees are categorized under SOHO (for Small Office/Home Office). Among the majority of economies of the world, the number of small enterprises is greater in number. In the European Union itself, Small and Medium Enterprises comprise approximately 99% of all firms and employ between about 65 million people. (Wikipedia, 2007). These SMEs are often the driving force of creativity and innovation and impart the impetus for future competition as well.


While financing the Small and Medium Businesses forms a vital aspect of economic policies, the SMEs find themselves constantly competing with the large firms. This is primarily because they possess a relatively smaller reserve of resources; be it human or financial. Resultantly, due to limited resources, SMEs are able to afford only a few IT initiatives as compared to the bigger giants.


“BI or Business Intelligence includes all the technologies that support end-user access to, and analysis of, quantitative information resources”. (Gdspublishing, 2007). Business Intelligence can facilitate planning of future strategies by enabling analysis of information, thereby strengthening the small and medium businesses.  Successful BI initiative can help enhance competition and offer the required flexibility. When equipped with Business Intelligence; small and medium businesses can take advantage of the changing market environments and conditions.


The small and medium businesses usually avoid the risk and trial and error methods of testing technology. Only when a particular technology starts to mature; that the company is willing to try it after careful investigations and its degree of success or failure with the larger companies. In time the IT pricing usually dips making it more affordable for the small and medium businesses (SMBs). The SMBs are constantly revolutionizing themselves primarily because of adopting advanced technologies. In order to retain and enhance market credibility and a competitive edge, channelization of resources into e-business activities can further the growth of the SMBs.



Wikipedia: The Free Encyclopedia (2007) “Small and Medium Enterprise

Available from: Small_and_medium_enterprise 

Accessed: 10/25/2007


Plumb, Stewart, Arcplan (2007) “Empowering small and medium businesses with BI” Available from: article.asp?art=24055&issue=115  Accessed: 10/25/2007


Venner, Susan, Business Credit (2000) “Help for small and medium-size businesses: A clear path online through the telecommunications maze”

Available from: telecommunications/660819-1.html  Accessed: 10/25/2007

S/B/286. Networking and entrepreneurship & their role in the SME of Oman

C/B/518. Designing and Implementing Information Systems

E/B/203. Policy of UK Government towards Small and Medium Enterprises (SME)

S/B/144. Failure: Pick a UK business of no more than 250 employees, and identify why that business got into difficulties trying to grow. By difficulties this might mean either outright failure or its take-over by another business. The case of UK low cost airlines

S/B/142. Internationalisation of UK SMEs: How can internet marketing help?

C/B/406. Revival of Small and Medium-size Enterprises

P/B/690. Role of SME in developed and developing economies

C/B/394. Small Business Plan: A case study

C/B/393. Strategic Management in Family Businesses

C/B/387. SMEs do not readily conform to the received wisdom that they are particularly flexible or adaptable. Discuss.

P/E/352. Small businesses in Mauritania: development issues

P/B/569. Challenges of e-business for small and medium enterprises

P/B/555. Dissertation. Internationalization of SME

P/B/554. Dissertation. Corporate social responsibility in SME: theory and case study

C/B/342. Identify different methods of payment that a SME shipping exporter can receive, the risks associated with each method and how these risks can be minimised.

C/B/323. SMEs and Internet

C/B/307. Strategic planning in small family businesses (critical literature review)

P/E/271. Problems of SME in transitional economies

P/M/429. Marketing tools and techniques relevant for SME

P/M/427. Organisational learning in SMEs

C/B/289. An analysis of the global environment with particular emphasis on those issues affecting SMEs

P/P/382. SMEs role in UK regional development

P/E/227. Indian economy: financing SMEs

P/B/308. The use of information technology in large, small and medium enterprises

S/B/46. 'Indigenous businesses are seen as crucial for regional development, because they have the local roots that inward investment does not have. If a suitable indigenous business base does not exist however, then it has to be created from growing small firms' (Bridge et al 1998, p. 163). Discuss

P/B/261. Dissertation. The Impact of Globalization: SMEs Vs. MNEs in the global marketplace

C/B/143. Small-Business Development: Setting up a Travel Agency in Libya

P/B/242. 'Enterprising acts… are generally acts initiated, or led by, individuals. Those individuals are said to display enterprise'. (Bridge et al.,2003 p.58). Therefore, are all small business owner-managers entrepreneurs? Critically evaluate this proposition with reference to practical cases and examples.

S/B/33. The Role of Entrepreneurial Networks and Innovation in Gaining Competitive Advantage in SMEs: A Case Study.

P/B/206. Dissertation. Adoption of Internet Strategies in Small Business (SME)

P/B/190. Small Businesses have their own unique problems. Strategic planning is neither worthwhile no relevant to these organisations. Discuss.

E/B/10. Evaluate how organisational culture might affect the management of different sizes of companies

P/B/185. Dissertation. Investigation of effects of E-commerce and E-business on SME's

P/B/184. Entrepreneurship and SME in UK

P/B/172. Sustainability of SMEs in UK

S/B/19. Make an assessment of Government policy towards SMEs. Is it effective? Provide recent evidence in order to justify your answers. What would you propose for changes to Government policies towards SMEs in the future? Explain why you are making your recommendations and what the possible outcomes could be.

P/B/142. Government support of SMEs in UK

P/B/133. Trust relationships in SMEs

E/B/312.Small Business Development: Identity Clothing, Case Study

E/B/306. Dissertation. Online Marketing and Small Organisations

S/HR/98. Dissertation. An exploration of current human resource practice and policy in small firms

P/B/826. Advantages and disadvantages of small firms

P/B/812. Role of ideas in starting up a business

P/B/775. Small business: success and failure factors

C/B/400. Literature Review: Family Business

C/B/396. Succession Planning in Family Business

P/B/604. Theories on entrepreneurial behaviour

C/B/368. Why Outsource IT Systems? The Case of Small and Large Firms

P/B/582. Benefits and problems of small hospitality businesses

E/B/41. Small companies are less hierarchical, more personal and know their employees this offer a better setting for the introduction of HRM. Do you agree?

C/B/312. Do small businesses have to practise marketing to survive and grow?

P/B/427. Growth of small businesses: roots and effects

C/B/287. Issues of Sustainability in Small Business: Case of Bay Tree Builders

P/M/117. SME Hotel Businesses: Using Strategic and Crisis Management to Avoid the Negative External Influences

P/B/14. The management of a small business is really the same as the management of a large one. Discuss with examples.

P/B/16. It has been said that franchising allows the small business person to find a cheap and secure way to success without much management experience. Is this true?

P/B/61. Franchising and how it can help small business development.

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