Question

Although Small Business Administration (SBA) standards allow up to 500 employees in some types of businesses, the most common limit is ______.

a. 10
b. 50
c. 100
d. 200

Answer 1

The most common limit for the number of employees allowed by the SBA is 50.

Step-by-step explanation:

The most common limit for the number of employees allowed by the Small Business Administration (SBA) is 50.

According to the given information, slightly less than half of all workers in private firms are employed by large firms with more than 500 workers. Another 35% of workers are employed by small-scale businesses with fewer than 100 workers. These small businesses can range from dentists and lawyers to lawn care or cleaning services.

Based on this data, the most common limit for small businesses is 50 employees.