What does SMB mean in a business context?

In a business context, SMB stands for Small and Medium-sized Businesses. These enterprises typically have a limited number of employees and lower revenue compared to larger corporations. SMBs play a crucial role in the economy, contributing to job creation and innovation. To summarize, the term SMB refers to small and medium-sized businesses, which are characterized by their employee count and revenue levels. These businesses are significant players in the economic landscape, driving employment and fostering new ideas.