Question

Explain the term Micro Business​

Answer 1

Answer:

The term microenterprise, also known as a microbusiness, refers to a small business that employs a small number of people. A microenterprise usually operates with fewer than 10 people and is started with a small amount of capital advanced from a bank or other organization. Most microenterprises specialize in providing goods or services for their local areas.

Answer 2

Answer:

The term microenterprise, also known as a microbusiness, refers to a small business that employs a small number of people. A microenterprise usually operates with fewer than 10 people and is started with a small amount of capital advanced from a bank or other organization.