Small Business Administration (SBA) on the increase in small business size standards for 11 industries in North American Industry Classification System (NAICS) Sector 11 of agriculture, forestry, fishing and hunting. It informs that this proposed rule is one of a series of proposed rules which ...
but these are the primary size standards for most industries. For complete information on size standards, see the SBA’s Small Business Size Regulations (13 CFR Part 121) or the Table of Small Business Size Standards. Size Standards for principal NAICS Sectors Construction General building and hea...
programs. The goal of such size standards is to help small businesses gain access to resources and compete against industry giants. The size standards vary by industry according to NAICS classifications and are generally based on the number of people employed or the annual receipts of a business....
How NAICS codes determine your business size The SBA usesNorth American Industry Classification System(NAICS) codes to classify businesses (Mexico and Canada have also adopted NAICS). Think of these six-digit codes likeUPC codesfor different types of businesses. The first two digits in an NAICS c...
BusinessAdministration TableofSmallBusinessSizeStandards Matchedto NorthAmericanIndustryClassificationSystemCodes Thistablelistssmallbusinesssizestandardsmatchedtoindustriesdescribedinthe NorthAmericanIndustryClassificationSystem(NAICS),asmodifiedbytheOfficeof ManagementandBudgetin2007.ThelatestNAICScodesarereferredtoasNAICS...
The NAICS codes do not differentiate between small and large businesses. For example, both a single-person ad agency and one with thousands of employees and offices all over the world would have the same six-digit number.6 However, the Small Business Administration uses the codes and applies ...
Small Business Administration (SBA) which aims to revise the small business size standards for industries in North American Industry Classification System (NAICS) Sector 22, Utilities. It is inferred that majority of the industries covered by the regulation are involved in the electric power ...
In February, small business employment decreased in all 12 sectors covered by the Index. The education and health services sector (NAICS 61-62) contracted the slowest, with a negative monthly growth rate of 0.17%, while transport and warehousing (NAICS 48-49) contracted the fastest (down by ...
NAICS Code and Industry Title Small Business Designation Zone Hold CTRL or ⌘ + 'Click' to select multiple Small Business (SB)Small Disadvantaged Business (SDB)Women-Owned (WOSB)Historically Underutilized Business Zones (HUBZone)Service-Disabled Veteran-Owned (SDVOSB)Veteran-Owned (VOSB) ...
Small business owners self-select their NAICS classification. If your small business operates in multiple fields, you may need to choose more than one. You can get assistance from the US Census Bureau in selecting the right code or codes by emailing NAICS@census.gov, or calling (888) 756-...