Breaking News: NAICS Size Standards Have Increased!

On August 29, 2019, the U.S. Small Business Administration (SBA) updated the small business standards, adopting the U.S. Office of Management and Budget’s (OMB) NAICS 2017 revisions. These are the industrial codes used to classify contract work types. They also define if a company is small based on its average annual revenue or employee count. … Read more