Reston Virginia Law Firm

New SBA Small Business Size Standards

Looking for a summary of the new SBA small business size standards? You can see the final rule published in the February 10, 2012 Federal Register (here), or you can open the chart we pulled out for you (see link below). The biggest industry movers include accounting, engineering, surveying and mapping, consulting, and marketing/advertising. There have been a lot of mixed reviews on the changes, with the most concerns being raised by companies that were below the existing size standards who will now have to compete with a significant number of new players, with questions being raised as to what should be considered a “small” business.

Summary of Size Standards Changes (Final Rule Feb 2012)

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