Site logo

Prometheus 6

All respect and no restraint

Send to Friend

FromTo


I thought this article from Prometheus 6 would interest you

Government emphasis on small business does not include you

Want to see what the feds mean when they say "small business"?

SBA has several general Size Standards. A business in one of the following industry groups is small if it is not greater than the size standard indicated.

Industry Group
Size Standard
Manufacturing 500 employees
Wholesale Trade 100 employees
Agriculture $750,000
Retail Trade $6.5 million
General & Heavy Construction (except Dredging) $31 million
Dredging $18.5 million
Special Trade Contractors $13 million
Travel Agencies $3.5 million (commissions & other income)
Business and Personal Services
Except:
$6.5 million
  • Architectural, Engineering, Surveying, and Mapping Services
$4.5 million
  • Dry Cleaning and Carpet Cleaning Services

$4.5 million

If the size of a business exceeds the size standard for its overall industry group, it may still be a small business for the specific NAICS industry in that group. Some industries have higher size standards than the general one for the industry group. SBA has a Table of Size Standards on its web site.

Many of the Self-Employed Are Simply on Their Own
By MILT FREUDENHEIM

The small businesses that struggle the most with health insurance may be the smallest of all: those with only one employee.

In 11 states, self-employed people have some of the same legal rights as small companies when it comes to dealing with insurers: Colorado, Connecticut, Delaware, Florida, Maine, Massachusetts, Mississippi, New Hampshire, North Carolina, Rhode Island and Vermont.

But elsewhere, in dealing with insurance companies, the nation’s estimated 20 million self-employed are on their own.

This site best viewed with a jaundiced eye