200
is a type of small business, often registered, having five or fewer employees and requiring seed capital of not more than $35,000.[1] The term is often used in Australia to refer to a business with a single owner-operator, and having up to 20 employees. The European Union EU defines micro-enterprises as those that meet 2 of the following 3 criteria and have not failed to do so for at least 10 years:
fewer than 10 employees
What is micro-enterprise