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How often must a business get qualified as a small business?

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How often must a business get qualified as a small business?

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A business needs to reapply for qualification every year by the anniversary date of the initial certification. Verification of businesses’ gross sales and employment data will occur annually. However, if a business ceases to be independently owned and operated or becomes a subsidiary of another business, the business needs to notify the Department of General Services immediately via email at sbadmin@dgs.state.md.us or in writing to State of Maryland , Department of General Services, Small Business Reserve Program, 301 West Preston Street , Room M-3, Baltimore , Maryland 21201 .

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A business needs to reapply for qualification every year by the anniversary date of the initial certification. Verification of businesses’ gross sales and employment data will occur annually. However, if a business ceases to be independently owned and operated or becomes a subsidiary of another business, the business needs to notify the Department of General Services immediately via email at sbadmin@dgs.state.md.us or in writing to State of Maryland , Department of General Services, Small Business Reserve Program, 301 West Preston Street , Room M-3, Baltimore , Maryland 21201 .

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