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General discussion

do you still call it small business?

Jan 21, 2009 4:19PM PST

when your small business grows and you become prosperous, do you still call your small business a small business???

Discussion is locked

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Until you are in the billion trillion size
Jan 21, 2009 11:18PM PST

In the US it appears that millions are now small change.

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Small Business Sizes
Jul 28, 2009 12:38PM PDT

Below you will find definitions that are used by the federal government. These were established back in the mid-nineties in order to determine whether such businesses could qualify for government projects.

Size alone is not the determinant for a successful business. (By these standards, size can either be by volume of revenues, or by number of employees.)
Real success can only be determined by you and your personal goal for success.
Keep these realities in mind; profitable growth and cash flow are reliable measures of your progress.

http://www.sba.gov/contractingopportunities/officials/size/GC-SMALL-BUS-SIZE-STANDARDS.html

Table of Size Standards
SBA has established a Table of Small Business Size Standards, which is matched to the North American Industry Classification System (NAICS) industries. A size standard, which is usually stated in number of employees or average annual receipts, 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. If a business exceeds the size standard for its overall industry group, it may still be a small business for its specific industry within that group; some industries have higher size standards than the general one for the industry group.

Hope this was helpful.