Question

what is small scale service and business

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Answer 1

Answer:

small scale service and business enterprise is one whose investment in fixed assets of plant and machinery excluding land and building does not exceed Rs. 10 lakhs.

Explanation:

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Answer 2

Answer:

Small Scale Industries (SSI) are those industries in which the manufacturing, production and rendering of services are done on a small or micro scale. These industries make a one-time investment in machinery, plant, and equipment, but it does not exceed Rs.

A small scale enterprise is a privately owned and operated business, characterized by a small number of employees and low turnover. ... The U.S. Small Business Administration states that small-scale enterprises generally have fewer than 500 employees within a 12-month period in non-manufacturing industries.

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