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How is A Small Business Defined Or Categorized?

Updated: 9/25/2023
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MaryLinda02

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8y ago

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A small business is a business, including its affiliate marketers, that's individually possessed and operated, not dominant within the area of operation that is putting in a bid on contracts and qualified like a small company under the relevant size standards in 13 CFR Part 121 (FAR 19.102). The dimensions standard is dependent on its North American Industry Classification System (NAICS) codes and it is presently figured by either dollar revenue or quantity of employees.

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