Earlier, microbusiness was
described as a very small business and
some characteristics were
given. The concept of microbusiness
derives from the prefix
"micro" used to describe extreme smallness,
a microbusiness is a very small business.
Following are some arbitrary
characteristics of a microbusiness,
- A microbusiness is too small to qualify
for aid or subsidies from Government. It can, however, get Government
- A microbusiness has
no more than five employees, including the
- A microbusiness'
sales do not exceed $500,000, in the first year
- A microbusiness is
usually a sole ownership, but this is only
"Small is beautiful" applies
to business only as a starting point,
not as an
end in itself.
Strong planning, well
defined objectives and starting small have
resulted in many a present day giant corporation.
The methods and principles
outlined in this book have been tested
for years, in successful
businesses, small and large. Being in
business helps the
entrepreneur develop his skills, knowledge and
attitudes, along positive lines. This is necessary to the continued success
of whatever business venture he has undertaken.
I wish the new entrepreneur
every possible success, the fulfillment
of all his
goals and much fun in doing so.
My special hope is that, in this website, I have in
some positive way, contributed to
the better understanding of what
business is all about, allowed the hesitant to take the plunge of
launching a microbusiness and
that, along the course of this work,
the material has been faithful to the KISS principle.
KEEP IT SMALL AND SIMPLE
Yves J. Bouchard