An Empirical Investigation into the Size of Small Businesses

A fundamental understanding of small businesses begins with an adequate definition of what constitutes a small business. Often the definition of a small business incorporates the definitions employed by the Small Business Administration (SBA) which, in part, uses the number of employees as the defin...

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Bibliographic Details
Published inThe journal of entrepreneurial finance Vol. 4; no. 1; p. 75
Main Authors Osteryoung, Jerome S, Pace, R Daniel, Constand, Richard L
Format Journal Article
LanguageEnglish
Published Greenwich Pepperdine University, Graziadio School of Business and Management 01.12.1995
Subjects
Classification
Definitions
Employees
Hypotheses
Manufacturing
Operating ratios
Size of enterprise
Small business
Studies
Variables
Wholesaling
United States > US
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Summary:A fundamental understanding of small businesses begins with an adequate definition of what constitutes a small business. Often the definition of a small business incorporates the definitions employed by the Small Business Administration (SBA) which, in part, uses the number of employees as the definitive measure. This paper examines the SBA's definitions of a small business which use the number of employees as the standard. We find little evidence that supports the use of SBA definitions or any definition that relies on the number of employees.
ISSN:2373-1753
2373-1761
DOI:10.57229/2373-1761.1168