Which of the following would NOT be considered a small business by the

QUESTION

Which of the following would NOT be considered a small business by the U.S. government?

A) a beauty shop owned by two women, with monthly revenue of $23,000
B) a sandwich shop owned by a corporation, with monthly revenue of $34,000
C) a food truck owned by a college student, with monthly revenue of $6,000
D) a pool cleaning service owned by a family, with monthly revenue of $160,000
E) a luxury online gift service owned by a retired woman, with monthly revenue of $225,000

ANSWER

Answer: B
Explanation: B) An operation must be independently owned and operated to be defined as a small business by the U.S. government.