According to the Small Business Administration, how many employees does a small wholesale business have?

Prepare for the FBLA Banking and Financial Systems Test with engaging content, hints, and explanations. Enhance your understanding and boost confidence for your exam!

The definition provided by the Small Business Administration (SBA) indicates that a small wholesale business can have up to 100 employees. This classification is significant because it helps in determining eligibility for various SBA programs and benefits that are designed to support small businesses. Understanding these thresholds is important for business owners when seeking assistance, compliance with regulations, or when applying for loans and funding opportunities aimed at small enterprises. The correct choice reflects the specific criteria established by the SBA for wholesale businesses, highlighting their unique operational scale compared to other sectors.

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