While small businesses can also be classified according to other methods, such as annual revenues, shipments, sales, assets, or by annual gross or net revenue or net profits, the number of employees is one of the most widely used measures. Small businesses range from fifteen employees under the Australian Fair Work Act 2009, fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S.
The qualifications vary depending on the country and industry. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy. Small businesses are types of corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation. Small businesses on Dalrymple Street in Girvan, Scotland.
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