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Receiving a small business status can be valuable when it comes to federal contracts and other benefits. Make sure your small business status isn’t in jeopardy as a result of your business relationships.

In federal government contracting, small businesses that have been awarded the status by the federal government as a “small” business are eligible to receive federal government contracts that are specifically “set-aside” for small businesses and other benefits designed to help them grow and prosper.

But, your status as a small business may be destroyed if your business “affiliates” with another business or even a person; and, that affiliation results in revenue and employees that exceed the small business size limits the government has set.

Click below to read the full article on how the wrong small business relationship can affect your business at the Council of Smaller Enterprises’ website.

As the small business division of the Greater Cleveland Partnership, COSE has supported and advocated for small businesses in the region since 1972. As the region’s small business expert organization, COSE offers its members networking and educational events, advocacy on legislative and regulatory issues and cost-effective group purchasing programs.

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