There are different definitions depending on the source. For example, the Small Business Administration uses employee cutoffs that are specific to the industry.
Alternative classification
Size Term
Number of Employees
Annual Revenue
small
< 1,500
< $38.5 M
midsize
1,500 to 2,000
$38.5 to 1,000 M
large (big)
> 2,000
> $1,000 M
Additional terms:
(1) very small (< 10 employees)
(2) mega corporation
(3) conglomerate
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