The two terms startup and small business are often confused with one another by most people. There is a world of difference that most people do not understand between these two terms. We look at some of the major differences that separate these two startup vs. small business from one another. A startup has a bigger scope for improvement, and they are generally not limited to a few customers. However, the scope of a small business is not large and is limited to a few customers. In other words, there is a limit to how big the business can grow.
Source: Startup Vs. Small Business: What’s the Real Difference?