Small business is an organization. It is engaged in production and marketing. There are various types of activities that can be done under small business. Such as manufacturing, services, construction, transport and trade. It is everywhere.

The small businesses are owned, established and managed to attain persona objectives. The business is an extension of the owner's need objectives and I personality. The business growth is not a primary objective.

• Management independence
  
• Closely held ownership 
  
• Local operation
  
• Small size