Based on the reported numbers being accurate, the first thing that comes to mind is why did the WT numbers outweigh the WBJ numbers?
The second thing that comes to mind about these numbers is (assuming they are accurate) why does Company NASB show in their CCR
profile as meeting the size standard for a company with$25M and $32.5M average revenues
? In fact, Company NASB shows up as meeting the standard for six different codes on their profile where the size standard is less than either of the average revenue numbers shown above. As a note, the last time the profile was updated was January of this year.
So what gives?!?
My other assumption is that WBJ and WT rely on the information they are provided or otherwise vet the data to ensure its accuracy. With that in mind, consider the source.
Here's a catch. Company NASB is in the SBA 8(a) Business Development Program until 2014 (but we hope SBA will find a way to help them graduate early!) so my question is, does this one loophole make you a small business? Never mind the discrepancies in their CCR profile versus publicly reported revenues, if a company is not a small business in any other way shape or form, do you consider them a small business?
Based on how the 8(a) program works, participants are backed by SBA for a primary industry and NAICS Code. Which to me means they are only eligible to be considered an 8(a) for requirements issued under that specific NAICS Code.
I wonder what this company's original NAICS Code was before it changed to 517110 (Wired Telecommunications Carriers) with a size standard of 1500 employees? I wonder how many contracts they have been awarded (or even pursued) for "Operating and
maintaining switching and
transmission facilities to provide point-to-point communications via
landlines, microwave, or a
combination of landlines and satellite linkups or furnishing
telegraph and other non-vocal
communications using their own facilities."
It's not hard to go back and look at their previous awards.
Just in case anyone thinks I'm picking on Company NASB, don't worry as there are other questionable small businesses on the list.
In full disclosure, I already shot a message to Nick Wakeman at WT to discuss the criteria they use to determine "What is a Small Business?". I like Nick Wakeman and WT as a reliable industry-resource and look forward to engaging them and our friends at SBA to come up with a definition and process for future use.
So, when is a small business not a small business?
Chief Visionary and CEO
"The person who says it cannot be done
should not interrupt the person doing it."
Identify, Qualify, Pursue and Capture B2G Business Opportunities.