home → Small Business Resources → Federal Government → How does the Small Business Administration Determine a Business Concern's 'Primary Industry'?

How does the Small Business Administration Determine a Business Concern's "Primary Industry"?

In determining the primary industry in which a concern or a concern combined with its affiliates is engaged, the Small Business Administration (SBA) considers the distribution of receipts, employees and costs of doing business among the different industries in which business operations occurred for the most recently completed fiscal year. The SBA may also consider other factors, such as the distribution of patents, contract awards, and assets.

Read more about Small Business Size Regulations.

 

Source: Code of Federal Regulations, Title 13, Part 121 - Small Business Size Regulations

 

Starting a Business
Business Planning Franchises Running Your Own Business Small Business Ideas Starting/Buying a Business
Managing Your Business
Human Resources Legal Management Principles Offices, Software & Equipment Work-Life Balance
Marketing Your Business
Advertising & PR Marketing Strategy Sales
Business Finances
Accounting Financial Management Financing Taxes
Small Business Resources
Business Travel Education Federal Government Glossary Interest Groups Small Business Information Small Business Stories State Government
Sponsored Ads