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HUBZone is a program by the US Small Business Administration that certifies small businesses that operate and employ people in economically disadvantaged areas. The program aims to increase federal contracting opportunities for HUBZone firms, but faces challenges and limitations.
Learn about the history, mission, and programs of the SBA, a federal agency that supports entrepreneurs and small businesses in the U.S. Find out how the SBA provides loans, contracts, counseling, and disaster assistance to small businesses.
SDVOSB stands for Service-Disabled Veteran-Owned Small Business, a category of businesses that can access federal contracts set aside by the US government. Learn about the eligibility, background, and achievements of SDVOSBs, and the VETS GWAC program that supports them.
Learn about the history and status of tribal lands and jurisdictions in Oklahoma, and how they affect tax and economic benefits. Find out which tribes and areas are considered former Indian reservations for tax purposes, and how they differ from current reservations.
The definition of a small business depends on the industry, business size and annual revenue. In general, a small business typically has fewer than 1,000 employees, is privately owned and has less ...
Under the SBA’s definition, small businesses qualify as long as they don’t exceed a specific revenue limit or number of employees. The limit varies by industry anywhere from 100 to 1,250.
A small business is a type of corporation, partnership, or sole proprietorship that has a small number of employees and/or less annual revenue than a regular-sized business or corporation. The qualifications vary depending on the country and industry, and small businesses can be classified according to different methods, such as number of employees, annual sales, assets, or profits.
Learn the definition and examples of line of business, a term that refers to a product or a set of related products that serve a particular customer need. Find out how line of business is used in different industry sectors, such as insurance and computing.