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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.
Summary of Size Standards by Industry Sector. As of February 26, 2016. Small business size standards define the largest that a business concern, together with its affiliates, may be and yet qualify as a small business concern for SBA and most other federal programs.