What is considered a medium size company?

A medium-sized company typically has between 50 and 500 employees, depending on the country and industry. In terms of revenue, it often generates annual sales between $10 million and $1 billion. These companies play a crucial role in the economy, bridging the gap between small businesses and large corporations. Definitions can vary by region and organization, such as the Small Business Administration (SBA) in the U.S. or the European Union's criteria.