That’s not true. You get 10 injection presses and a few molds. Yeah you’re out a few million but nobody would argue that your facility isn’t small given you probably only really need 20-30 employees at that point. Or you hire a few welders as a job shop for welded pieces. Thats manufacturing still.
Also, if you’re capable of investing in manufacturing, you’re no longer a small business.
That’s not true. You get 10 injection presses and a few molds. Yeah you’re out a few million but nobody would argue that your facility isn’t small given you probably only really need 20-30 employees at that point. Or you hire a few welders as a job shop for welded pieces. Thats manufacturing still.
“A few million” is not a small business.
According to census unless their revenues are as high as their capital expenses then yes they are
https://www.census.gov/library/stories/2021/01/what-is-a-small-business.html