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Under the current SBA definition of a small business, you could have 1,500 employees and still be considered small. (Photo credit: Wikipedia) According to the United States Small Business Administrationâs (SBA) Office of Advocacy, 99.7 percent of all U.S. firms are small businesses.
Explain how the Small Business Administration helps small businesses. The Small Business Administration (SBA) was created in 1953 to assist and counsel the nation's millions of small-business owners.