What business volume makes you think a company is "big"?

[Gozar]

How would you describe a big business when it comes to numbers?

Anything over 2 mil a year?
5 mil?
10 mil?
50 mil?
100 mil?

Or is it measured in billions?

Inquiring minds want to know.

:waiting:

[Sea Six]

10,000,000 hits on the web page per month. :yesnod:

[FasterTraffic]

Market capitalization greater than $10B.

[Gozar]

Market capitalization greater than $10B.

That only applies to publicly traded companies.

Let's talk business volume only. This keeps private sector in play.

[NeedSpeed]

That's tough. I think big should be based on profit more than revenue. You can be a 100mil company but not making a lot of profit.

[Gozar]

That's tough. I think big should be based on profit more than revenue. You can be a 100mil company but not making a lot of profit.

Then add profit as a % of sales if you like.

Just because a company isn't always profitable doesn't make it any smaller. That is merely a measure of how successful the business and not a reflection of its size.

[NeedSpeed]

I worked for Hypertech for awhile, they were maybe a 15mil/yr company. They are very small.

I worked for Brother as well, and they were in the 1 billion range. To work there they felt small, but that's a big company.

[FasterTraffic]

That only applies to publicly traded companies.

Let's talk business volume only. This keeps private sector in play.

I'd say the line for "big company" starts in the $100M-$500M range for gross revenue. It's a big category, obviously...

[repo]

100 mil and up.

[Stangkiller]

I work for a ~1.2Billion dollar company with about 6,000 employees. I don't consider us all that BIG on the grand scheme of things.

[Joecooool]

The government defines a large business as either having more than 500 employees (manufacturing) or doing more than $7 million (services) in gross sales per year.

[LATB]

That's tough. I think big should be based on profit more than revenue. You can be a 100mil company but not making a lot of profit.

pffft...

profit means nothing...as long as the company is large enough to supply jobs with benefits, especially health ins.

and...if the company uses union labor...even better.

who gives a shit if there is profit, as long as they are to big to fail. :D

[LATB]

The government defines a large business as either having more than 500 employees (manufacturing) or doing more than $7 million (services) in gross sales per year.

yes, because the government is the ultimate authority on business.

of course...if the government says so...it must be, correct comrade? :rofl:

stupid commie...pretty sure the OP was looking for your opinion...not the government's. but like a good commie...always defer to the government. :lol:

[Stangkiller]

yes, because the government is the ultimate authority on business.

of course...if the government says so...it must be, correct comrade? :rofl:

stupid commie...pretty sure the OP was looking for your opinion...not the government's. but like a good commie...always defer to the government. :lol:

I personally find the governments definition of "big business" fairly interesting and very relevant to the conversation. Thanks Phil.

However being here in Houston surrounded by huge global companies with 10,000+ employees, I feel the governments definition a bit on the small side.

[LATB]

I personally find the governments definition of "big business" fairly interesting and very relevant to the conversation. Thanks Phil.

However being here in Houston surrounded by huge global companies with 10,000+ employees, I feel the governments definition a bit on the small side.

you and coool may be correct. my point was the commie instantly deferring to the government for an answer. :lol:

[War Eagle ZO6]

We are a teeny tiny small biz with just a few of us and with sales in the 8-10 range. I would say large is 100+


:yesnod:

[kingpin]

10,000,000 hits on the web page per month. :yesnod:

For a large corporation yes, not business.

That's tough. I think big should be based on profit more than revenue. You can be a 100mil company but not making a lot of profit.

Profit means nothing. Profit is too easy to hide and is never what you see.
By the time the $500 in profit you made for the company reaches the books it has been made to look like $5.00

pffft...

profit means nothing...as long as the company is large enough to supply jobs with benefits, especially health ins.

and...if the company uses union labor...even better.

who gives a shit if there is profit, as long as they are to big to fail. :D


QFT!
:iagree:

Define big.
Big in their market?
Big in sales overall?
Big in employment?

A big privately owned business to me is $100 million or more.
Doesn't matter about web hits or profit or employees.

A big privately owned business in a niche market where they have the top spot is large(big) and in charge. Doesn't matter if their sales are $500k or $10million.

[NB2K]

20M

[ZipZap]

It's all perspective. Anything less than a billion is just playing along the edges in my field.

[NEVRL8T]

My parents incorporated business has four employees. We did over 2 million last year. Not bad. Just wished it trickled down more. Actually, technically, the business only has three paid employees.

[kingpin]

My parents incorporated business has four employees. We did over 2 million last year. Not bad. Just wished it trickled down more. Actually, technically, the business only has three paid employees.

What type of business?
If you don't mind me asking.

[Low12s]

From a professional angle - 50 Million (The infrastructure changes)

[Broken Wind]

We don't consider it a real business unless we can do $100M.

[DAB]

worked for a company years ago, they thought that they wanted to gain market share, so they kept lowing their prices.....ooops....yep, they gained market share, but they were losing $$ on each job. and now that they had skewed the market, they found it very hard to raise prices to a profitable point.

[NEVRL8T]

What type of business?
If you don't mind me asking.

Commercial floor covering contracting.

[Mr Hole]

The company that I work for has over 100,000 employees. Its rather large.

[BuckyThreadkiller]

I work with a company that does over $20m annually and has offices around the US, Canada and France, but I still don't think of it as "big."

The Big Guys in the ad biz do upwards of $500m

[_Nomad_]

http://i284.photobucket.com/albums/ll4/Nomad_Pix/Forum%20pics/dr-evil-1.gif

[carlton_fritz]

I'd say the line for "big company" starts in the $100M-$500M range for gross revenue. It's a big category, obviously...
I'm no expert, but I agree.

[GS Ragtop]

Privately held: $250M
Publicly traded: $5B

In each category, that's when the company is noticed for being 'big', IMHO.

[carlton_fritz]

Commercial floor covering contracting.
For some odd reason I am starting to like the Steelers...

[CertInsaneC5]

Privately held: $250M
Publicly traded: $5B

In each category, that's when the company is noticed for being 'big', IMHO.

Private I agree with. Public. Double that.

[VatorMan]

If I can look you up on the CBD as a small business-guess you haven't made it yet.

[VatorMan]

yes, because the government is the ultimate authority on business.

of course...if the government says so...it must be, correct comrade? :rofl:

stupid commie...pretty sure the OP was looking for your opinion...not the government's. but like a good commie...always defer to the government. :lol:

Hate to bust your bubble-but Phil is right. It's not often but in this case it is.

[Y2Kvert4me]

I work for a small, privately-owned company that does about 5 mil a year in mostly local/regional sales/service. Profitable yes, but not ridiculously. ~25 employees.

100mil would be considered big from my perspective, and maybe it is on a national scale, but no where near international "big".


:cert:

[Gozar]

yes, because the government is the ultimate authority on business.

of course...if the government says so...it must be, correct comrade? :rofl:

stupid commie...pretty sure the OP was looking for your opinion...not the government's. but like a good commie...always defer to the government. :lol:

OMG - Would you just jerk off to a photo of Joecooool and get it over with?

[NB2K]

In the government sector, it's all based on NAICS codes.

American Motors was defined as a small business by the government and thus got favorable contracts b/c of this.

[99 pewtercoupe]

OMG - Would you just jerk off to a photo of Joecooool and get it over with?

:rofl::rofl::rofl:

[99 pewtercoupe]

I work for one of the largest 100% ESOP companies in the country
$2 Billion a year in sales
We are small compared to some of our customers

[Kerrmudgeon]

"I figure after a couple of days, we'll have enough money for candy....FOREVER!"....:D
http://1.bp.blogspot.com/_uhKHFmMHPcU/TB1jYG61NrI/AAAAAAAAAAk/49jBTpGzbeo/s1600/lemonade_stand.jpg

....Success is a relative term!:seasix:

[polarbear]

Our single dealership does a little over $100mil a year. We'd be considered a medium sized store (250-300 units/mo, plus parts and service).

[Burro (He/Haw)]

Our single dealership does a little over $100mil a year. We'd be considered a medium sized store (250-300 units/mo, plus parts and service).

On average PB, how many new vehicles do you sell per month, and how many used? How does this rank with the "Typical" dealership?

(Not you personally)

[GS Ragtop]

Our single dealership does a little over $100mil a year. We'd be considered a medium sized store (250-300 units/mo, plus parts and service).

Wow. Never thought about it much, but I didn't realize dealerships generated that kind of revenue volume.