We've been getting quite a few questions lately about the number of small businesses in the European Union (EU).  The quick answer is 25 million.  Also, European SMEs employ roughly 95 million Europeans (53% of the EU's workforce) and generate about half of the EU's private industry sales.

Read on for the longer answer.

The EU defines small businesses slightly differently than the US SBA does.  Their categories are:

• Smal...

The McKinsey Quarterly recently published their survey results on “Why multinationals struggle to manage talent“. Their result highlights the challenges that multinational firms are facing when it comes to managing global talent, and more importantly, how it can reflect on their financial results.

International assignments enable firms to achieve greater cultural diversity, innovation through better understanding of their target customers, ena...

As we’re further developing the concept for the Monolab|Incubator, we’re starting to realize that our target market is not exactly the one we had in mind initially. While early stage companies remain our customers, we’re slowly expanding our focus from the solo entrepreneur to the already-formed start-up company. And for the later, we’re focusing on what we call Micro Global Businesses (MGB).

These businesses are born out of the Internet. ...