Social & Advertising · via Digiday

Creators are now classified as small businesses, but what does that actually mean?

19h ago · curated by Catalyst Web Trendz

On Oct. 15, the U.S. Small Business Administration (SBA) issued the nation’s first small business classification guidance for content creators. This comes just a few months after the organization, which helps Americans build and scale small businesses, proposed amendments to simplify the classification so that the millions of creator-led businesses could come into the SBA tent. Creator-led businesses will now be classified under the Motion Picture and Video industries portion of the SBA. Though they have been eligible for support from the organization for years (when they meet the program requirements which include citizenship, business…

This is a curated summary. The full story was reported by Digiday.

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