SMB meaning is referring to small and midsize businesses according to the number of employees and annual revenue they have. Small businesses are defined as under 50 employees and revenues of up to $10 million and midsize business has under 250 employees and revenues under $50 million.
What is the Size of SMB Businesses?
SMB Employees Number: small businesses are usually defined as organizations with fewer than 50 employees, midsize businesses are those organizations with 50 to 250 employees.
SMB Annual Revenue: small business is usually defined as organizations with less than $10 million in annual revenue, midsize business is defined as organizations that make under $50 million in annual revenue.