Small Business
A designation for certain statutory purposes referring to a firm, corporation or establishment having a small number of employees, low volume of sales, small amount of assets or limited impact on the market.
Questions or Articles about Small Business
Generally, a business that has fewer than 500 employees and is not dominant in its field. For lending purposes, the Small Business Administration sets size standard guidelines, as determined by number of employees or average annual receipts, that vary according to industry.
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