Not unless the business has reached some level of stability AND has more than 10 full-time employees. The MBE approach is defininitely not aimed at Start-Up companies with less than 10 full-time employees because they don’t have sufficient resources to take it on. Their time would be better spent focusing on sales and cash flow to ensure their survival. These companies are often labelled as Micro businesses.
The widely accepted criteria for Small to Medium Businesses (SMEs / SMBs) are as follows:
Small = 10-49 full-time employees
Medium = 50-250 full-time employees.
In some countries, ‘Medium’ sized companies additionally include those with 250-500 employees.
Our approach is designed to be scalable to suit SMEs / SMBs in the range 10-500 full-time employees.