SME - Small and Medium Enterprise

SME - Small and Medium Enterprise: Usually one single owner or may also be several partners - Managed by owner himself or by partners. Owners business and personal finance may be inter-related - Single source of income or more than one source of income - Single type of business or several type of business - Locally registered - Established and operating for some time. It can be small manufacturing facility - Small processing unit - Trading Company - Export-import -Distribution - Retailing - Rental - Service Company, etc.