Business, tax and funding
SMB
Abbreviation for Small and Medium-sized Businesses
In short and in plain language
SMB is an English short form for small and medium-sized businesses.
German has its own short form for the same idea.
It appears mainly in studies and specialist texts.
Which firms count depends on the country and the context.
Definition
SMB is an English abbreviation for small and medium-sized businesses. It corresponds to the German term KMU and appears mainly in studies and specialist texts. Which businesses count as SMBs depends on the country and the context.