Although there are no definitive definitions of Small and Mid-size business, generally, Small and Mid-size Businesses (SMBs) are defined by their annual revenue, number of employees, and other criteria. If your business has fewer than 50 employees and generates annual revenue of less than $10 million, it is likely classified as a small business. If your business has less than 1,000 employees and generates annual revenue of less than $100 million, it is likely classified as a midsize business. Other things to consider may include: If you regularly hire family and friends, you are probably an SMB. If you provide personal guarantees for business loans or credit cards, you are probably an SMB. If you have purchased technology that you only use 50% of its true capacity, you may be an SMB. If a larger company started using your trademark and you couldn't afford to enforce the trademark you registered and paid for, you are probably an SMB. If you have an employee that thinks and acts like they are an owner, you are most definitely an SMB.

The Governing Dynamics+ framework allows a founder to tackle the unique needs and challenges faced by SMBs and offers tailored solutions and assistance with navigating SMB growth stages and the readiness needed for sustainability.

Governing Dynamics+ is focused on helping you identify and seize opportunities to grow the value of your business. That's an important difference, since most business consulting, training and development programs focus on delivering information or providing cookie-cutter solutions. GDP is designed to help you clarify, align and execute your business strategy, while answering questions such as: 1. What challenges and opportunities are unique to small and midsize businesses? 2. What are my short and long-term business objectives? 3. What development stage is my business currently in? 4. Is my business ready to advance to the next stage of development? 5. Do I want to move to the next stage of development? 6. What do I need to do today to grow the value of my business?

Governing Dynamics+ assists small and midsized business leaders create business value as defined by company stakeholders (owners and leaders). Business value can be economic (profit) or intrinsic (set my own path) in nature.