Only about 10% of all businesses qualify as small businesses using the definition of the Small Business Administration.

Question

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The Small Business Administration (SBA) defines a small business as one that is independently owned and operated, is organized for profit, and is not dominant in its field. Depending on the industry, size standard eligibility is based on the average number of employees for the preceding 12 months or on sales volume averaged over a 3-year period. The definition covers a much larger percentage of businesses, with the SBA stating that about 99.9% of all U.S. businesses qualify as small businesses.

Only About 10% of All Businesses Qualify as Small Businesses