Summary
In this video, the speaker delves into the classification of companies based on their size, focusing on indicators like workforce size and annual business volume. The concept of Large companies, SMEs, Medium-sized companies, Small companies, and Micro-companies is clearly outlined with examples. Particularly, the prevalence of SMEs, especially micro-businesses, in the Spanish economy in 2020 is underscored, shedding light on their importance in the business landscape.
Classification of Companies by Size
In this chapter, the classification of companies according to their size is discussed using indicators such as the number of workers and annual business volume. Large companies, Small and Medium Enterprises (SMEs), Medium-sized companies, Small companies, and Micro-companies are explained with examples. The predominance of SMEs in Spain in 2020 is highlighted.
Large Companies
Large companies are defined as entities with 250 workers or more and an annual business volume exceeding 50 million euros. Examples of large companies meeting these criteria are provided.
Small and Medium Enterprises (SMEs)
SMEs are classified as companies with less than 250 workers and a business volume below a certain threshold. The subcategories of SMEs, including Medium-sized companies, Small companies, and Micro-companies, with their specific worker and turnover ranges are detailed.
Micro-Companies
Micro-companies are the smallest within SMEs, with less than 10 workers and a corresponding business volume. The significance of micro-businesses within the Spanish economy is emphasized with statistical data from 2020.
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