Overview

A rd ng t the US Census Bur u, b ut 99.7% f all companies in th Un t d St t r m ll bu n . Wh l th r ' n n n u as t wh t n t tut a small bu n , th Small Bu n Adm n tr t n (SBA) u u ll considers a company w th f w r th n 500 m l t b a small bu n . Apart from the number f m l , th SBA uses th r f t r t d t rm n wh th r a m n is a small bu n . F r example, the bu n h d u rt r d and r t in th U.S., t a m n r t l r, t independently wn d, is t a r f t bl v ntur t . The reason wh bu n are l f d as a m ll bu n that the m n g m nt nd r t n l u f these businesses d ff r vastly from l rg corporations. By d f n ng themselves a small business, you n win contracts nd avail business l n from the g v rnm nt. You l g t access t t l th t n h l u m t g n t larger businesses. Unlike l rg r r t n , m ll businesses have limited budg t , f r l bureaucracy nd m b t r ng nl to a regional g gr h r . They're often f u d n r v d ng high-quality u t m r service nd u ng r t v t and nn v t n to r t better r du t nd rv .

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