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What Categorizes A Business As A Small Business?

What business is classify as small business, is there any standard norm?

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There's no "official" certification tactic to be determined like a small company. It's a self-validating and paperless procedure. The SBA uses its northern border American Industrial Classification System (NAICS) in identifying size standards which by October 1, 2000, changed the conventional Industrial Classification (SIC) Codes. To find out if your company is considered small by the US government, or to find out which NAICS Code(s) is relevant for your business, go to www.sba.gov/size.

Posted on Apr 22, 2015

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Not sure if you can call it as standard Norms, Total Cost,Branch's, If production based customer( number of production in a day or week) and producing capacity of the particular site. Revenue generation too is matter, So all these factor's will decide the Business is small or Big,

Posted on Apr 22, 2015

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