Introduction to Small Business Industry

There is a big difference between a major corporation such as Wal-Mart and the locally-owned barber shop on the corner. But how does one determine its size classification? Is it "small", and if so, what happens when your business grows? When does it cease to be small?

The Small Business Administration (SBA) has taken the lead in defining what constitutes a small business in the eyes of the federal government, and the SBA’s definition is the most widely used.

See the attached whitepaper for more...