What are size standards and how does the Small Business Administration (SBA) determine a small business’s size?
In this episode of Cherry Bekaert’s Government Contracting podcast series, John Ure and Carol Marin, Tax Partners in Cherry Bekaert’s Government Contractor Industry practice join James Kahrs, a Business Development Director in the Firm’s GovCon practice. Together, they discuss SBA size standards and recent threshold adjustments, which are used to determine whether a business entity is considered small, and subsequently eligible for government programs and preferences reserved for small business concerns.
Listen in to find out about:
- SBA size standards and how they are established
- SBA calculation of annual receipts
- SBA calculation of number of employees
- SBA’s recent adjustment of the size standard thresholds
If you have any questions specific to your situation, Cherry Bekaert’s GovCon Consultants are available to discuss your situation with you.
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