KO wonders if they do web design for small or large companies…
Recently, I’ve had several conversations about the “company sizes” that we do web design, web hosting and web marketing for. We use loosely the term “small company,” “medium company” and “large company” and one client asked me what we considered a small company. I said sells under $2 million a year; an answer that I freely admit that I plucked from thin air. I thought that this was a very fair question and as I started to school myself on contracting for the US government, I found the official answer.
So, the answer to the first question is- ‘who is a small company’…Well, we are both sorry and glad to say, most of us are small companies. Sorry, because no one likes to admit to being small, but glad because we can all qualify for SB government contracts, and there are a lot of them out there right now. More on this soon.
To validate where you stand as a business size, we have included the official list (as of 7/27/2011) of the explanation of small business. For those of you might be in a hurry (or lazy) – the cut off for most business is $7 million a year or 50 employees. For those who want to make sure, here are the facts…
About the size chart: The size standards are for the most part expressed in either millions of dollars (those preceded by “$”) or number of employees (those without the “$”). A size standard is the largest that a concern can be and still qualify as a small business for Federal Government programs. For the most part, size standards are the average annual receipts or the average employment of a firm. How to calculate average annual receipts and average employment of a firm can be found in 13 CFR § 121.104 and 13 CFR § 121.106, respectively.
SBA also includes the table of size standards in the Small Business Size Regulations, 13 CFR 121.201. This table includes size standards that have changed since the last publication of 13 CFR 121.
For more information on these size standards, please visit http://www.sba.gov/size.
If you have any other questions concerning size standards, contact a Size Specialist at your nearest SBA Government Contracting Area Office (list at the end of the table), or contact the Office of Size Standards by email at email@example.com or by phone at (202) 205-6618.
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