Follow Us: Small Business Tip of the Day: New Size Standards for Small Businesses
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Effective July 22, 2013, more than 17,000 firms not previously eligible for SBA benefits will qualify to receive Small Business Administration aid. That’s because SBA size standards have been adjusted to include more companies. The new rule is based on market shifts, including the average size of companies, within 70 industries.For some industries, the average annual revenue size standard was increased to $35.5 million from $7 million. Read more…

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