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Supplier Intelligence

A Quick Guide to Small Business Size Standards [2018 Update]

The definition of a small business enterprise is a fluid one, changing based on ever-shifting market conditions. This is important because of the various benefits afforded to businesses that are classified as small. As such, less-than-large businesses need to stay current on small business size standards, as do supplier diversity programs that want to keep accurate supplier data.

In this article, we answer common questions faced by small business owners as well as the new size standards.

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For over a decade CVM's mission has remained unchanged: lead the transformation of Supplier Diversity program management and support Supplier Diversity programs. CVM helps corporate supplier diversity programs in every stage of their evolution; from those that are just getting started, to the most advanced, world-class programs. Equipped with unparalleled data intelligence, superior technology and expertise guidance, businesses can effectively establish and advance their Supplier Diversity initiatives.