Day: October 29, 2014
Small Business Size Standards and Definition regards
Small Business Definition regards Learn about the definition of – and qualifications for – a small business and why it’s important to know your status. SBA has established numerical definitions of small businesses, or “size standards,” for all for-profit industries. Size standards represent the largest size that a business (including its subsidiaries and affiliates) may be to remain classified as a small business concern. In determining what constitutes a small business, the definition will varyRead More
Small Business Competitiveness Demonstration
Repeal of the Small Business Competitiveness Demonstration Program Effective Immediately The President of the United States signed the Small Business Jobs Act of 2010 (Jobs Act) on Sept. 27, 2010. The Jobs Act amended the Business Opportunity Development Reform Act of 1988 (Public Law 100-656) by repealing the Small Business Competitiveness Demonstration Program. The amendment was effective Sept. 27, 2010, and applies to the first full fiscal year after the date of enactment of theRead More
Small Business Primer – Understanding Small Business Size Standards and Affiliation
This training module describes what size standards are, how they are established, why they are important, how they are used, where to find them and how to determine if a specific business concern is considered a small business. It also describes what is meant by affiliation and how such affiliations can impact the size of a business. See the Government Contracting Classroom for more training options. Duration: 00:25:01 Text based accessible version Workbook BEGIN COURSE
Affiliation
When you calculate the size of your business to determine if you are a small business, you must include the annual receipts and the employees of your affiliates. Affiliation is determined by the ability to control. When the ability to control exists, even if it is not exercised, affiliation exists. The SBA determines affiliation in accordance with 13 CFR 121.103 in its Small Business Size Regulations. Be sure to read the SBA’s affiliation discussion asRead More
Guide to Size Standards
This Guide to SBA’s Definitions of Small Business (usually referred to as “size standards”) will help you understand how SBA defines a small business and how it establishes small business size standards. A small business size standard is numerical and represents the largest a concern can be and still be considered a small business for Federal Government programs. This Guide provides general information on size standard requirements and addresses most typical concerns about using sizeRead More
Size Protests, Size Determinations & Appeals
As you have learned in Small Business Size Regulation and Methodology and Use of Size Standards for Government Procurement, a contracting officer determines the size of the business according to the standards set forth in the Code of Federal Regulations. However, there are instances where a party involved in the procurement does not agree with the size standard set by the contracting officer for the small business concern. Size Protests With regard to procurement orRead More
What are the Small Business Size Standards?
Your business might be eligible for programs that are reserved for small business concerns. To qualify, your business must satisfy SBA’s definition of a business concern, along with the size standards for small business. SBA defines a business concern as one that is organized for profit; has a place of business in the U.S.; operates primarily within the U.S. or makes a significant contribution to the U.S. economy through payment of taxes or use ofRead More
Summary of Size Standards by Industry Sector
Small business size standards define the largest that a business concern, including all of its affiliates, may be and yet qualify as a small business concern for SBA and most other federal programs, The SBA has established two widely used size standards – 500 employees for most manufacturing and mining industries and $7.5 million in average annual receipts for many nonmanufacturing industries. However, there are a number of exceptions. For the size standard applicable to any NorthRead More
Table of Small Business Size Standards
To help small business owners assess their small business status, SBA has established a Table of Small Business Size Standards (pdf file/excel file), which is matched to the North American Industry Classification System (NAICS) for industries. The current table of size standards is based on the 2012 NAICS. The table of size standards can also be found online in the Small Business Size Regulations(published by the Electronic Code of Federal Regulations). Certain government programs, suchRead More
Small Business Size Standards Methodology
For its ongoing comprehensive size standards review and future regulatory actions relating to size standards, SBA has developed a “Size Standards Methodology White Paper,”explaining how it establishes, reviews and modifies its small business size standards pursuant to the Small Business Act and related legislative guidelines. The white paper provides a brief review of the following: Legal authority, early legislative history and regulatory history of small business size standards Detailed description of evaluation of industry structureRead More