Mid-sized Businesses

A medium-sized business (also known as a mid-market enterprise) is a business that is larger than a small business but smaller than a large business. There is no one definition of a medium-sized business, but they typically have between 50 and 250 employees and annual revenue of between $10 million and $100 million.

Medium-sized businesses play an important role in the economy, providing jobs and stimulating innovation. They are also often more agile and adaptable than large businesses, which can give them an advantage in the marketplace.

Here are some of the defining characteristics of medium-sized businesses:

• A relatively large number of employees: Medium-sized businesses typically have a relatively large number of employees, usually between 50 and 250.
• Regional or national reach: Medium-sized businesses often have a regional or national reach, which means that they serve customers in multiple locations.
• Medium level of revenue: Medium-sized businesses typically have medium levels of revenue, which means that they are larger than small businesses but smaller than large corporations.
• Professional management: Medium-sized businesses often have professional management, which means that they have managers who have experience in running businesses.