A Small Business is an independently owned company with a limited number of employees (e.g., under 500 per SBA definition), often relying on flexible HR practices.
- What is a small business?
Answer: It is an independent company with limited employees. - What is the SBA definition?
Answer: It includes firms with under 500 employees, varying by industry. - What are the benefits?
Answer: It offers agility and personalized culture. - What are the challenges?
Answer: Challenges include limited resources and compliance. - How does HR support it?
Answer: HR adapts strategies to fit scale and needs.
