Micro-Business
Enterprises
Micro-Business Enterprises forms the
core to the western style Free Enterprise System. They represent between 75%
- 80% of all US businesses both large and small. The
heart of the Micro-Business Enterprise System is the Micro-Business Enterprise
Trade Classification (MBTC). (Example, Desktop Publishing – MBTC:
65902) This code guide numbering system allows small business owners to conduct
business and trade with each other, even if they don’t speak the same
language. A Micro-Business Enterprise is described as a small business venture
with less than 25 employees and/or gross revenues under 2 million dollars.
The Micro-Business Enterprise Association (MBEA) LLC
assigns code guide numbers to new and existing business trade groups. The MBTC
uses a business trade group to define the classification, which categorizes small
business ventures with similar businesses both nationally and internationally. The Business Trade
Group is also used to identity business models and franchises.
There
are two major business systems operating in the world today, large multinational
corporations control one and micro-business owners control the other. While big
business define their success through acquisition and size. Micro-Business
Enterprise owners define their success through product output and return on
investments.
The Micro-Business Enterprise Classification System allows
small business trends to be monitored worldwide. This system also allows detection
of new industry trends coming into existence, thereby, helping to
identity potential business trading partners. To grow a successful business venture
today, one must have access to a large niche market group.
The
Micro-Business Enterprise System allows entrepreneurs to create new business for
a class and to get exclusive numbers assigned to their business ventures. The
Micro-Business Enterprise System represents both small and home-based
businesses. This new global business and trade infrastructure is heart of the
western style free enterprise system.