According to the Small Business Administration (SBA), 99.7 percent of all U.S. firms are small businesses. Depending on the industry, you could have 500, 1,000, or even 1,500 employees and still be considered a small business. However, there are some that are capped by their average annual receipts, and many are categorized by the industry. In the world of special trades contractors (where we electricians prevail), the cap of annual sales falls around $11.5 million.
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