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What are the 5 SBA requirements of a small business?

According to SBA, the 5 requirements of a small business are:

    • Be a for-profit business of any legal structure.
    • Be independently owned and operated.
    • Not be nationally dominant in its field.
    • Be physically located and operate in the U.S. or its territories.

*In addition to the above requirements, you must also meet the SBA specific size standards to obtain a small business certification*

If you are still unsure, you can use the tool by clicking below or reaching out tot he USBRI Help Desk at 1-888-646-9998

Need to Register or Renew in SAM?

If you used the Small Business tool and determined your eligibility, the next step is to have an active and compliant SAM Registration. Use the SAM Status Lookup Tool to determine the status of yours, if you have one. If you need to renew or do not have one, contact the USBRI Help Desk at 1-888-646-9998 and CRS will be able to assist you with any general inquires you may have. If you are ready to begin the process NOW wit ha CRS, click the button below. Once payment is received, you will be contacted by Certified Registration Specialist within 24 hours.