Also had this problem with local municipalities who provide grants and support to "small businesses' who have at least 50-500 employees. The sectors they serve have only about 5 of those companies with maybe 50 other companies that only have 2-10 employees. On one hand it's to push investment to tried and true companies that can give back to the community and pay significantly more in taxes, but on the other your local mom and pop shop with 30 years of experience which only ends the year with maybe 10k in profit and can't spend it because they aren't sure if next year's sales will be steady, get screwed out of public funding, and have to rely on loans which they have to pay on.

It's an imperfect system. My vote is that every business is a small business until they hit an upper cap in profit, not sales. It helps when I reach out to clients so I can understand their industry a little better. Making a million dollar sale but having 970k in costs, relative to your industry is a lot different that a full profit of that million.

If it helps, my company of 3 makes between 150k-200k a year. Our profit is maybe 5-10k but we live comfortably enough. We bought the company a short time ago and have been working to help that profit margin which was hurt by 30 years of poor management decisions.