Business and staff
SME
Abbreviation for small and medium-sized enterprises
In short and in plain language
An SME is a small or medium-sized firm.
Such firms are told apart from big ones by staff and turnover.
Many care services belong to this group.
There are often special funds and advice just for them.
Definition
SMEs are small and medium-sized enterprises, distinguished from large companies by headcount and turnover. Many care services belong to this group. There are often dedicated funding programmes and advisory services for SMEs.