What as business size

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Accepted Answer

Business size refers to the total revenue, number of employees, and market share of a company.

Business size can be measured by revenue, number of employees, and market share.
Small businesses typically have fewer than 500 employees and generate less than $7.5 million in revenue.
Medium-sized businesses have between 500 and 1,000 employees and generate between $7.5 million and $75 million in revenue.
Large businesses have more than 1,000 employees and generate more than $75 million in revenue.
Market share is the percentage of total sales in a particular industry that a company has.
For example, Amazon has a large business size with over 800,000 employees and $386 billion in revenue in 2020.
In contrast, a small local bakery may have only a few employees and generate a few hundred thousand dollars in revenue.

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