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A Start-Up or a Small Business - How Do You Define the Difference?

tracyphillips's profile thumbnail
Personally, I think of startups as companies that are destined to grow larger by either being acquired or via IPO. They may be small now but they won’t be forever (at least, that’s the plan). Small business are designed and planned to stay small. These could be local, as opposed to global. They could be an agency. They are often privately owned and/or operated. Some companies fall into both, especially nascent startups or bootstrapped startups!I am curious to hear what others think ☺️