How Small Is a Small Business?

The general rule is that a business is small enough to qualify for SBA assistance if it has less than 500 employees. However, this general rule is subject to industry-by-industry variations. Below is a summary of the industry standards that the SBA uses to define a business as "small." See the SBA page

 
Did You Know?

The SBA's definition of "small business" is broad enough to encompass approximately 99 percent of U.S. businesses.

 
Type of Concern Standards
Manufacturing The maximum number of employees may range from 500 to 1,500 depending upon the type of product being manufactured.
Wholesaling The total number of employees may not exceed 100.
Providers of services Annual receipts may not exceed $3.5M to $14.5M, depending upon the industry.
Retailing Annual receipts may not exceed $3.5M to $13.5M depending upon the industry.
Construction Annual receipts may not exceed $9.5M to $17M, depending upon the industry.
Special trade construction Annual receipts may not exceed $7M.
Agricultural Annual receipts may not exceed $0.5M to $3.5M, depending upon the industry.