Väikeettevõtlus

Väikeettevõtlus refers to small-scale business activities. It generally encompasses businesses with a limited number of employees and a relatively small annual turnover. The exact definition can vary depending on the country or regulatory framework, but common characteristics include a high degree of owner involvement, flexibility in operations, and often a focus on niche markets or local communities. Väikeettevõtlus plays a significant role in most economies by fostering innovation, creating employment opportunities, and contributing to economic diversity. These businesses can range from sole proprietorships and partnerships to small limited liability companies. Support for väikeettevõtlus often comes from government initiatives, business incubators, and various financial institutions. Challenges faced by small businesses can include access to capital, competition from larger corporations, and navigating complex regulatory environments. Despite these challenges, väikeettevõtlus remains a vital engine for economic growth and a cornerstone of entrepreneurial activity.