According to the SBA, most manufacturing companies with _______, and many non-manufacturing businesses with _________ qualify as a small business
A) 500 employees or fewer; average annual receipts under $7.5 million
B) average annual receipts under $7.5 million; 500 employees or fewer
C) 1500 employees; fewer affiliates
D) 500 employees at firm level; affiliates

Question

Quizplus · Accepted Answer

The Small Business Administration (SBA) generally defines a small manufacturing company as one with 500 employees or fewer, and a non-manufacturing business as one with average annual receipts under $7.5 million. This distinction allows for a broad range of businesses to qualify as small businesses under SBA standards.

According to the SBA, Most Manufacturing Companies with _______, and Many