Small & Medium Enterprises (SMEs) are the “purest manifestations of business excellence” according to business guru Tom Peters. “I love SMEs. They create the jobs and are responsible for most of the innovation in our country.”
It’s true. Small businesses, those with less than 500 employees, account for roughly half of private-sector employment. And since the Great Recession, SMEs have accounted for 67% of the net new jobs in the US.