These are businesses whose personnel numbers fall below certain limits. They are responsible for driving innovation and competition in many economic sectors.
It is an enterprise that has asset base (excluding land) of between N5million – N500 million and labour force of between 11 and 300.
An industry with a labour size of not more than 10 workers, or total cost of not more than N1.50 million, including working capital but excluding cost of land.
Small Enterprises are enterprises with a labour size of 11-100 workers or a total cost of not more than N50 million, including working capital but excluding cost of land.
Medium Enterprises are enterprises with a labour size of between 101-300 workers or a total cost of over N50 million but not more than N200 million, including working capital but excluding cost of land.
If your business fits this description, register as an employer and choose SME in the user type dropdown to enjoy the lowest prices on topnotch HR Services.