Small-business owners want to determine whether their companies meet the standards for small-business designation because
A) they do not have to pay taxes on their profits.
B) government agencies offer benefits designed to help and protect the interests of small businesses.
C) incorporation is easier for them.
D) banks are more likely to grant them loans.

Question

Quizplus · Accepted Answer

Government agencies offer benefits designed to help and protect the interests of small businesses, such as access to government contracts, loans, and training programs. Therefore, small-business owners want to determine whether their companies meet the standards for small-business designation to take advantage of these benefits.

Small-Business Owners Want to Determine Whether Their Companies Meet the Standards