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 wonโ€™t be forever (at least, thatโ€™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 โ˜บ๏ธ