Michael Tucker operates Tucker Farms in northern Illinois. Last year, his annual receipts were just under $750,000. According to the Small Business Administration, Tucker Farms is a

Question

Quizplus · Accepted Answer

According to the Small Business Administration, a small business is defined as having annual receipts of less than $7.5 million for non-agricultural businesses and less than $1 million for agricultural businesses. Therefore, Tucker Farms, with annual receipts of just under $750,000, is considered a small business.

Michael Tucker Operates Tucker Farms in Northern Illinois