Question:

What is the definition of small businesses in USA?

by Nick aragon  |  1 year, 7 month(s) ago

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Well, I guess it is below 500 employees.

 Tags: businesses, definition, USA

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2 ANSWERS

  1. Cathy Duncan
    The SBA establishes small business size standards on an industry-by-industry basis, but generally specifies a small business as having fewer than 500 employees for manufacturing businesses and less than $7 million in annual receipts for most non-manufacturing businesses.

  2. Nikki Milesus
    Small businesses are categorized industry-wise and are defined based on their turnover apart from considering the employee strength. Very small size entrepreneurs are also considered in this segment. There is a detailed list available for such standards from the website of US Small Business Administration. http://www.2indya.com
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