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Small companies are great. Opportunities for growth. Always the chance to switch to a bigger company later.
In my experience the micromanaging is LESS at a smaller company. No middle managers who have to justify their existence.
It really depends on the owner.
SMB owners tend toward arrogance and micromanaging, as a group. This isn't a criticism - these are traits that enabled them to start a business and keep it going.
Of course, every business is different.
SMB won't be as structured as a larger business, and will likely operate with more flexibility.