Monday, April 28, 2008

Business Eligibility for the Business Survey Service

Following is the criteria for a business to be eligible for the Business Survey Service. The W-2 (or the Canadian equivalent government form) employee count includes both full and/or part-time. Sales volume is the gross sales dollar (US Dollar or Canadian Dollar if applicable) amount earned within the past 12 months.

  • your business is headquartered within the United States or Canada.

  • your business is not a publicly traded corporation (it must be a privately owned business) and/or you have complete autonomy in how you operate the business (an auto dealership for example).

  • your business is not a susidiary owned by a parent company.

  • your business is a for-profit company (ie: not a non-profit, association or religious organization).

  • your business is not a franchise.

  • your business is not a home-based business.

  • In General:


    • United States, minimum qualifications (US dollars) are:


      • For most companies:
        • at least 7 W-2 employees and at least $500,000 sales volume in the past 12 months or

        • any number of W-2 employees and at least $1 million sales volume in the past 12 months.


      • For restaurants, bars, lounges: at least 10 W-2 employees and at least $750,000 sales volume in the past 12 months.


    • Canada, minimum qualifications (Canadian dollars) are:


      • For most companies:
        • at least 7 W-2 employees and at least $750,000 sales volume in the past 12 months or

        • any number of W-2 employees and at least $1.5 million sales volume in the past 12 months.


      • For restaurants, bars, lounges: at least 10 W-2 employees and at least $1 million sales volume in the past 12 months.



  • Exceptions:


    • We do not provide consulting services to gasoline stations without convenience store/food operations.

    • For gasoline stations with convenience store/food operations, consider only the convenience store/food operations sales volume (not gasoline sales), which must be at least $500,000 if located in the United States, or at least $1 million if located in Canada. The operation must have at least 7 W-2 employees.

    • Convenience stores that do not sell gasoline must have at least 7 W-2 employees and at least $500,000 sales volume if located in the United States, or at least $1 million if located in Canada.

    • Bowling alleys, car washes and IGA food stores must fit the following criteria:


      • Independently owned, not a franchise or chain.

      • At least 7 W-2 employees.

      • At least $1 million sales volume if in the United States.

      • At least $1.5 million sales volume if in Canada.


    • Hotels and motels must fit the following criteria:


      • Independently owned, not a franchise or chain.

      • At least 7 W-2 employees.

      • At least $500,000 sales volume if in the United States.

      • At least $750,000 sales volume if in Canada.



  • For statistical purposes the dollar volume of certain types of companies will be based on the following:


    • Commissions for Insurance Companies.

    • Commissions for Brokers (any type).

    • Commissions for Travel Agencies.

    • Commissions for Auction Companies.

    • Commissions for Manufacturer's Representatives.

    • Commissions for Real Estate Agencies.



Version 1.03 Updated 05/24/10

No comments: