b'BUSINESS TIPHow small is a small business? The answer could cost you money!By Gene MarksAreyouasmallbusiness? ThatteesfromtheUSSmallBusiness depends on whom youre asking. Administration(SBA),thedefi ni-LotsofpeopleIknowdefi netion of small really is important. asmallbusinessinlotsofdiffer- Thatiswhyarecentannounce-ent ways, with the most commonmentbytheSBAmayhavean beingrevenuesandnumberofeffect on your livelihood.employees.Forthemostpart,itsThis summer, the SBA announced really not that important. Small isaproposedruletomodifythe in the eyes of the beholder. methodforcalculatingannual However, if youre one of thoseaveragerevenuesusedtodeter-businesseslookingtogetgovern- minehowbigasmallbusiness mentcontractsorloanguaran- is. Whythefuss? Thecalculation 26 TileLetter | October 2019'