While non-SBA standards for a small business may differ — some lenders, for instance, may only require that you be for-profit and have under 500 employees — the SBA has very specific rules.

The Financial Accounting Standards Board has released guidance aimed at clarifying the official definition of a “business” for purposes of the accounting rules. The new accounting standards update ...

Understand net income: its definition, calculation method, and its critical role in business decisions and tax reporting.

The Council of Small Business of Australia (COSBOA) and The Tax Institute plan to hold a round table meeting this May with the purpose of developing a better definition of small business for tax ...

Definition of Business Planning. Planning is needed to grow or start a business. The main source of planning for a company is the business plan. A business plan is a document that details the ...

A Checklist for existing or prospective federal government contractors to determine whether they can meet the definition of a small business concern (SBC) under the Small Business Act (SBA). This ...

About 40% of the loans were for $1 million or more. But Biden's definition of "small business" conflicts with that used by the Small Business Administration and the program that administers the loans.