So what is the problem? NAICS 336413 is for the manufacturing of aircraft parts or auxiliary equipment and/or developing and making prototypes of parts and auxiliary equipment. The small business size for this NAICS code is 1,000 employees.Philip G. BailAviation Maintenance...
The SBA’s definition protects smaller companies by helping them compete with larger corporations. You can find size standards for your industry iIn the SBA’stable of size standards. How NAICS codes determine your business size The SBA usesNorth American Industry Classification System(NAICS) codes t...
for a small business, depending on its North American Industry Classification System (NAICS) code: 500 employees for most manufacturing and mining industries, and $7 million in average annual receipts for most non-manufacturing industries. There are many exceptions, but these are the primary size ...
In some industries, for example, businesses with as many as 1500 employees are considered small by SBA standards. Because what is considered small varies by industry, the SBA publishes a table of small business size standards. The table, which is organized by NAICS code, indicates the largest ...
SBA – Small Business Size Standards by NAICS Code Baker Donelson is working hard to assist its clients during these uncertain times. Our team of professionals continues to monitor and advise on new issues as they develop. For specific guidance or more information please contac...
An offeror’s bid was rejected because the offeror wasn’t a small business–even though the solicitation didn’t contain a NAICS code or corresponding size standard. It sounds like a successful bid protest waiting to happen, but GAO didn’t see it that way. Instead, GAO dismissed the pro...
How do NAICS codes help you understand whether you’re a small business? The SBA provides a table of small business size standards. It lists every potential NAICS code, with definitions for a small business in that industry. Depending on the industry, the defining factor is either revenue or...
The NAICS code for this procurement is 541330 and the revenue size standard for Small Business is $38.5 Million. Ref:www.seaport.navy.mil As a small or mid-cap business, your goal should not be merely to win an award on the Seaport-e ID/IQ, it should be to maximize the number of ...
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) ...
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 ...