Post job

This question is about small business statistics.

What is a small business?

By Zippia Team - Feb. 14, 2022

In the United States, there is no one widely accepted definition of what a small business is. The definition of a small business varies greatly by industry based on the business's total number of employees and average annual revenue.

Generally speaking, the U.S. Small Business Administration classifies a small business as a company with fewer than 500 employees. However, some companies may qualify for small business status with more than 1,500 employees, depending on the industry.

As per federal standards, revenue for small businesses also varies by field and can range from $1 million to more than $40 million annually.

To classify as a small business, an organization usually needs to be a privately owned corporation, partnership, or sole proprietorship. Using these metrics, small businesses make up 99.9% of businesses across the country.

What is a small business?

Choose from 10+ customizable resume templates

Zippia allows you to choose from different easy-to-use templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume

Search for jobs

Jobs near you

Related questions For small business statistics