There is little consensus regarding what constitutes a small business. There are varying definitions of what a small business is from outfits including ASIC, ATO, and Fair Work Australia. These definitions often revolve around the earnings of the company and/or the number of employees the company has. This information is important because of legislative concerns regarding small businesses and what concessions they may get from the government. It is indeed the case that size does matter.
Read more: Size Matters in Business
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