Small Business Enterprise Law and Legal Definition

According to 50 USCS Appx § 1941s [Title 50. War and National Defense; Title 50 Appendix War and National Defense; Disposal of Government-Owned Rubber-Producing Facilities; Act Aug. 7, 1953, Ch 338, 67 Stat. 408], small business enterprise means an enterprise independently owned and operated which is not dominant in its field of operation, due regard being given to the number of its employees and dollar volume of business.