A business that is owned and operated independently refers to a small business. Further, small businesses have a small number of employees and relatively low volume of sales. Furthermore, aside from the number of employees, other methods used to classify small companies include annual sales or turnover, net profit or balance sheet, and value of assets. Meanwhile, in the field of operation, small businesses are not considered dominant. Different types or classifications of small business are rampant in many countries and such small businesses include small shops, bakery, convenience stores, hairdressers or salons, tradesman or merchants, accountants, lawyers, restaurants, guest houses or motels, photographers, and other small-scale manufacturers or manufacturing shops.

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