Cecilie1200
Diamond Member
--which has a website that says:
A size standard is usually stated in number of employees or average annual receipts and represents the largest size that a business (including its subsidiaries and affiliates) may be to remain classified as a small business for SBA and federal contracting programs.
Based on those criteria, the SBA has established the following standards for a small business:
* 500 employees for most manufacturing and mining industries, and
* $7 million in average annual receipts for most non-manufacturing industries.
. . . And your point would be what?
possibly that the SBA's definition can be used in misleading ways
for instance, i understand that Goldman Sachs co were able to obtain an SBA handout , merely based on it's parameters
I would have to see some sort of reliable info on that before I could possibly comment.