How important are small businesses to the U.S. economy?

Pt 1050


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2 Comments

  1. It would be nice to know what qualifies a business as “small business”. Is it one of those “between 3-3000 employees” things?

  2. Follow the links, MnM– a small business is defined as fewer than 500 employees in this case. If you keep following the links, you’ll get to the SBA size standards methodology which explains the variations on the definitions by industry and how they’ve changed over time. But fewer than 500 employees is still a good baseline.

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