Number of SMEs in Italy 2020, by size
Two main factors determine what is a medium-sized, small, or micro enterprise: stuff headcount and turnover or balance sheet total. Medium-sized enterprises have between 50 and 250 employees and a turnover equal to or below 50 millions euros (or a balance sheet ≤ 43 millions euros). Small enterprises, instead, have between 10 and 49 employees and a turnover equal to or below 10 million euros (or a balance sheet ≤ 10 million euros). Eventually, micro enterprises have less than 10 employees and a turnover equal to or below two million euros (or a balance sheet ≤ two million euros).