SME is the acronym for small and medium-sized enterprise. A small or medium-sized enterprise in terms of revenue volume, equity value and number of employees.
SMEs can develop commercial activities in any sector or activity; they are comprised of micro, small and medium-sized companies that are managed by a natural or legal person under some organization.
They participate in the generation of jobs, thus contributing to the country's economy, contributing to production, which is positively reflected in the GDP.
The Sales Glossary is a compendium of all the most commonly used terminology in sales strategy. Many of the concepts listed here are used when implementing a CRM system or a digital sales funnel, no matter if they are legacy systems or an online CRM. See also our blog that deals with sales techniques, marketing and sales culture.