Thanks for writing in.
Small lump could be anything ranging from simple swelling to serious ones. But most commonly they could be lipoma or neurofibroma. Generally lipoma or neurofibroma don't cause any symptoms. But if there is any pain or tingling sensation etc, then better to consult a general surgeon or ortho (if it is in limbs).
Hope your query was clarified
Get well soon.
Next Steps
General Surgeon or Orthopedic Surgeon Opinion