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The US SBA definition of a small business is around less than $38.5 million in annual revenues ... (For government set-aside contracts for small business.)
The IT SMB definition is under $50 million in annual revenues -- small sized business, +$50 million to $ 1Billion in annual revenues -- medium sized business.
I would consider the cut off as Small business is up to $100 million annually, Medium business is $100 million to $1 Billion annually.
Current and new product development is one way -- acquisition and/or merger is the other.
I don't think of anyone here as big business as that would be over $1 Billion a year in revenues.
Real question is how to move from being a micro-business, 95% of US businesses are in this class, with balance sheets of less than $2 Million, to being a substantial small business -- I think the right answers are a lot of working smart and a bit of good fortune. Choosing the right trends to develop product for is probably the ladder up. I always try to remember that there are fewer good ideas than the money chasing them.
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