Small Business Resources
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How do you define a "small" business?
The answer isn't as simple as you think. In fact, the US Small Business Administration (SBA) has a formulas that factor in numbers of employees, NAICS codes, and gross receipts to determine whether a business officially qualifies as "small". While there is no precise way to qualify a business according to size in our market, for our purposes, the Wilson Chamber of Commerce usually defines a business as "small" when they meet the following criteria:
- Is not a government-affiliated enterprise. Both for-profit and nonprofit organizations can be considered small businesses, provided that a majority of their revenue is not tax-derived.
- Has local autonomy. Ownership (not just management) decisions are made at the local level, with minimal corporate oversight.
- In most cases, will employ fewer than 100 full-time workers. Several of Wilson's small businesses employ many more seasonal or part-time workers, but few have a full-time census greater than 100.
Note that this small business definition is only useful to estimate relative business size in the Wilson market, and is not an official designation of any authority outside the Wilson Chamber of Commerce.
Listed below are tools available to small businesses and entrepreneurs in Wilson. This list is by no means exhaustive, so check here frequently for updates. Furthermore, we understand the constraints many small businesses face, so many of the programs and services listed here are FREE. Please call us if you need more information, or know of a resource that should be added.
BLNC offers a central resource for issues common to all small businesses across the state, including: customized licensing information, employer and business structure forms, referrals to state occupational licensing boards, and the Office of the State Small Business Ombudsman. Business counselors offer free, one-on-one advice by calling (800) 228-8443.