Small Business
A business that is independently owned and operated...
and which is not dominant in its field of operation and in conformity with specific industry criteria defined by the Small Business Administration (SBA). Depending on the industry, size standard eligibility is based on the average number of employees for the preceding twelve months or on sales volume averaged over a three-year period. The SBA has established a table of size standards matched to North American Industry Classification System (NAICS) industries.