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- Examples of small businesses according to the Small Business Administration (SBA) definition include12:
- Roofing contractors with annual revenues of $16.5 million or less.
- Asphalt Shingle and Coating Material manufacturers with fewer than 750 employees.
- Manufacturing businesses with no more than 500 employees.
- Wholesale trade companies with no more than 100 employees.
- Retail trade businesses with annual receipts of $7 million or less.
- General and heavy construction companies with receipts below $33.5 million.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.For example, according to the SBA definition, a roofing contractor is defined as a small business if it has annual revenues of $16.5 million or less. But an Asphalt Shingle and Coating Material manufacturer is defined as a small business if it has fewer than 750 employees.www.census.gov/library/stories/2021/01/what-is-a-s…For example, to be considered small, a manufacturing business cannot exceed 500 employees; wholesale trade companies cannot exceed 100 employees; retail trade is restricted to annual receipts of $7 million; and general and heavy construction must be below receipts of $33.5 million.www.debt.org/small-business/sba/ - People also ask
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