Small Business

Small is relative. It’s important to considered labelling oneself as a ‘small business’ when the business required access to specific relationships (especially through groups or grants) and related resources such as social or financial support, business referrals, and asset exchanges.

small business

/ˈsmɔːl ˈbɪznɪs/

label

  • a self-selected label (typically by the business owner) to describe the business size/structure relative to other businesses.

    • Usage note: Identifying as a small business gains access to material and non-material support for businesses growth and operations. When you can clearly map which relationships connect your business to what assets, then you can continue to improve your business operational efficiencies and effectiveness through being truly clear and connected in your business efforts and exchanges.

Similar: big business - micro business - Solo Business

construct

  • (In Australia) a business operating with two or more people, typically classfied when meeting a specific number of less than number people (e.g., according to the Fair Work Commission, a small business is a business ‘with’ less than 15 people).

  • (In Australia, according to the Australian Taxation Office) a (registered) business whose operations has an aggregated turnover of less than $10 million.

Similar: big business - micro business - Solo Business

  • Created 26/05/2025

  • The Part of Speech in the Solo Business Dictionary are designed with their use in mind. Each Part of Speech has been created in response to the (almost always) commented comment of, “I can’t remember what a noun or verb is.” and made more practical and to be ready to use in the context of Small Business.

    • action - a movement performed by a human or type of technology (computer or otherwise)

    • asset - a tangible and/or observable resource that adds value to the business

    • construct - an idea that has made material by being detected and able to be observe with (a) named measures and/or components

    • frame - language device designed to focus the mind and make meaning (can include common phrases)

    • label - a shorthand term used to communicate a categorisation of meeting pre-determined criteria

    • lens - a language device used to generate data for a specific purpose

    • relationship - a connection that gains access to a resource

    • resource - an asset that has value and is accessed through a relationship (when it’s your own we call it your asset)

  • IPA Transcription via https://tophonetics.com/

    Australian Taxation Office - Small Business Entity - https://www.ato.gov.au/forms-and-instructions/capital-gains-tax-concessions-for-small-business-guide-2015/basic-conditions-for-the-small-business-cgt-concessions/small-business-entity

    Fair Work Commission - What is a ‘small business’? - https://www.fwc.gov.au/issues-we-help/small-business-hub/what-small-business