A Small Business definition
A Small Business. – means an independently owned and operated business concern that employs 200 or fewer permanent full-time employees and that, together with its affiliates, has a net worth of not more than $5 million, or any firm based in this state which has a Small Business Administration 8(a) Certification. As applicable to sole proprietorships, the $5 million net worth requirement shall include both personal and business investments.
A Small Business means an independently owned and operated business concern that employs 200 or fewer permanent full-time employees and that, together with its affiliates, has with a net worth of not more than $5 3 million, or any firm based in this state which has a Small Business Administration 8(a) Certification. and an average net income after federal income taxes, excluding any carryover losses, for the preceeding 2 years of not more than $2 million. As applicable to sole proprietorships, the $5 3 million net worth requirement shall include both personal and business investments.
Examples of A Small Business in a sentence
A Small Business Assistance Program (SBAP) was established in the APCD under authority found in Section 507 of the Federal Clean Air Act and § 25-7-109.2, C.R.S., of the State Act.