Business terms and jargon explained. Your business dictionary
What is SME
Abbreviation for "Small and medium sized enterprises". This is opposed to a large company or Plc. A typical SME ranges from a one man band to a company with less than 50 employees and a turnover of less than 5 million pounds.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.