Which of these is NOT typically considered a microenterprise?

Which of these is NOT typically considered a microenterprise?

• A. A sole proprietorship with 8 employees
• B. A startup with 12 employees
• C. A community-based crafts store
• D. A local service provider with under 10 employees

Answer: (B)

A startup with 12 employees does not typically fit the classification of a microenterprise, which is generally defined as a small business with a limited number of employees and modest revenue. Microenterprises generally have 1 to 10 employees, making this answer appropriate when identifying businesses that fall outside of that definition. In contrast, the other options represent businesses that align with the microenterprise criteria. A sole proprietorship with 8 employees and a local service provider with under 10 employees fulfill the employee limit commonly associated with microenterprises. A community-based crafts store often operates with a small workforce, frequently aligning with the fundamental definition of microenterprises in size and scope. Hence, the classification of the startup with 12 employees as not being a microenterprise underscores the importance of adhering to specific thresholds when categorizing small businesses.

A startup with 12 employees does not typically fit the classification of a microenterprise, which is generally defined as a small business with a limited number of employees and modest revenue. Microenterprises generally have 1 to 10 employees, making this answer appropriate when identifying businesses that fall outside of that definition.

In contrast, the other options represent businesses that align with the microenterprise criteria. A sole proprietorship with 8 employees and a local service provider with under 10 employees fulfill the employee limit commonly associated with microenterprises. A community-based crafts store often operates with a small workforce, frequently aligning with the fundamental definition of microenterprises in size and scope. Hence, the classification of the startup with 12 employees as not being a microenterprise underscores the importance of adhering to specific thresholds when categorizing small businesses.