What is a small business in the State of Maryland ?
A small business is a business, other than a broker, that meets the following criteria: The business is independently owned and operated; The business is not a subsidiary of another business; The business is not dominant in its field of operation; The wholesale operations of the business did not employ more than 50 persons, and the gross sales of the business did not exceed an average of $4,000,000 in its more recently completed 3 fiscal years;* The retail operations of the business did not employ more than 25 persons, and the gross sales of the business did not exceed an average of $3,000,000 in its most recently completed 3 fiscal years;* The manufacturing operations of the business did not employ more than 100 persons, and the gross sales of the business did not exceed an average of $2,000,000 in its most recently completed 3 fiscal years;* The service operations of the business did not employ more than 100 persons, and the gross sales of the business did not exceed an average of $1