Small Business Definition

What is considered a small business? To many, a small business is based on the amount of money it makes and number of employees at all (rather than at each) of its business locations. It defines small business by firm revenue (ranging from $1 million to over $40 million) and by employment (from 100 to … Read more

What is considered a small business in Alabama? Small businesses are defined as firms employing fewer than 500 employees. Read more on www.sba.gov Over 99% of all firms in Alabama are small businesses, which form the basis of the state’s economy. A small business in Alabama is one that has less than 500 employees and … Read more