How 8a Certification Benefits Small Business Development?

The small business development programs conducted by the SBA is launched with the intention of helping entrepreneurs from economically weak and socially segregated communities that are native to the American soil, to gain business success with federal government help. The 8a certification program is foremost among the different initiatives launched over the years by the SBA. However, to realize the several 8a certification benefits the eligible businesses have to keep their eyes and ears open. The aim of SBA or Small Business Administration is to help spread word about the several 8a certified advantage and benefits offered by the federal government and inspire U.S owned small business owners to apply for the coveted certification. Let’s take a look at the various 8a certification benefits and how it helps in small business development.

Benefits of 8a Certification Small Business

• All successful candidates can receive sole-sourced contracts. Sole sourced or ‘no-bid’ contracts enable the 8a firms to clinch government projects without having to contest with other established business houses, as is the norm outside the government run marketplace. Thus, one of the prime 8a certification benefits is that it helps the 8a certified companies to get government contracts and help to establish them in the highly competitive marketplace.

• 8a certified firms are free to form joint ventures with other approved firms and bid on huge federal projects as a team. The high point of these joint venture initiatives is that the contesting firms can work on big federal agencies and increase their business revenue as well as earn valuable experience and increase their business network in the process. Moreover, working with a recognized department of the federal government adds to the business portfolio of the 8a approved firms and helps in improving their market presence and reputation.

• Participating firms can cash in with the “Mentor Protege Program” and obtain a detailed know how of the 8a certification benefits. The mentor ship program will help the newly inducted 8a firms to understand the tricks of the trade and help them to get acquainted with the workings of the federal marketplace.

You might be wondering that in spite of these several 8a certification benefits why aren’t most small business firms aware of the 8a certified advantages? Well, you can put the blame on the lack of public promotion and advertisement for that. But the good news is, recently the SBA themselves have started to take huge initiatives in terms of promotion of the 8a certification benefits. With ample support from 8a consultants and agencies, the situation looks promising. For a detailed know how on the 8a certified advantage I invite you to visit 8acertification.net. Get inspired!

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Learn The Several Benefits Of Timing An 8a Certification

Are you a small business owner looking forward to cement your financial stability in the highly competitive market place? Then you must get your business 8(a) certified. However, deciding when to go forward with an 8a application process is something that businesses don’t realize more often. In fact, it’s not an easy decision either. But then, waiting for the right time to apply might hinder your chances of getting your business 8a certified at all. In some cases it might be too late for your company and since you didn’t apply upfront you end up missing out on the lucrative opportunity that SBA 8a has to offer to small businesses. So due to a miss-timing of the 8a application your small business misses out the opportunity of becoming a large federal contractor. But all of these can be avoided if you have known the 8a certification benefits and properly timed your application.

EZ8A - 8a certification benefits

Here’s our video explaining all about properly timing your 8a application and what benefits would you be getting out of it. Watch it here –

Now that you know that timing of your 8a application is crucial don’t waste valuable moments. Get In touch with a certified 8a consultant, learn the 8a certification benefits and set your business on the road to unprecedented prosperity.

For more tips and suggestions on small business success and how 8a certification can help fulfil your business goals, stay connected to ez8a.

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The Government Mission For GSA Schedule Contract

The primary mission of gsa consultant is to provide help to small and medium size businesses to grow revenues from sales to the federal and state government. They offer various kinds of services to federal and state government employees. Those are:

• GSA Schedule Preparation: They save time, money and resources for contract holders. They help to secure GSA Contract Award 6-12 months sooner than if the contract holders opted for in house method. And more importantly, they help contract holders to gain an in depth contract knowledge and proficiency across all GSA schedule.



• GSA contract management offers wide range of services related with contract. Most importantly, gsa consultant provide all the adequate knowledge and support related with contract management. They also provide services related with any modification on the contract. Furthermore, they provide other services vary from GSA contract extension to GSA Audit support.



• They also maintain all the compliances and regular updates related with GSA contract. Such as, GSA basics, marketing through GSA Contract, Selling through GSA Contract and GSA Compliance.

Experts opined that gsa schedule is a vehicle for both customers and vendors that helps fast, easy and effective contracting. It establishes long term contracts between companies and government agencies. It provides access to numerous numbers of products and services with a discounted price.

One can order products, services and supplies through gsa schedule. Customers who can offer from the schedule will get various opportunities, such as:

• Savings.
• Flexibility and choice.
• Shorter lead time.
• Transparency.
• Control procurement.
• Lower administrative cost.
• Reduction of inventories.

It also offers lot of opportunities to the vendors. Through this schedule vendors can connect with various government organisations.

The schedule contracts and sales are all comes under the purview of Trade Agreements Act (TAA). TAA states that goods and services which manufactured or altered in USA or any “designated country” only come under the purview of the schedule. However, there are two major federal regulatory bodies that determine the policy for the schedules program – Federal Acquisition Regulation (FAR) and General Services Administration Acquisition Manual (GSAM).

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Prevalence Of 8 A Certification In Contemporary Business Procedures

Business is literally defined to be an economic activity which gives in for a prominent platform to carry out the basic economic activities like the buying and the selling of products and services in exchange of something that is considered to be of equal worth whatsoever. This activity has been in prevalence since quite a long period of time and the fact remains that the features of the business procedures have undergone considerable modifications over years and at present they simply exhibit the best of what businesses are suppose to be.

8 A Certification Business Procedures

Businesses are active in almost every part of the world and that America is one of the most significant places in this regard as because it gives in for business activities to be carried out in an extra-ordinary extent. It is here that the mention of the feature of 8 a certification is required. This is a program which essentially forms an integral part of the SBA authority, the abbreviation of which stands for the Small Business Administration. This is an authority that has been given in by the Americans so as to cater the scope and chances of the business authorities that are grounded on the land of the United States of America.

8 (a) certification is a program which gives in for a specialized status to those business authorities which are not financially stable or rather are not capable of establishing themselves as mainstream business procedures amongst the others that are existent here in the same land. The main objective that has been attached on to the initiative of this feature is to make way for these business procedures to compete in the field of business functioning amongst those who have reached the position of the marginalizing high profits whatsoever. One of the noteworthy criterion that an 8a small business beholds is that it has to be proved that it is a small-scale business procedure that is socially deprived on grounds of finance and resources; that is to say that the authorities of the 8 a certification are liable to be vigilant on the facts that the business organizations which seek to be registered with the provisions of this program essentially need to be proved lacking on grounds which are associated with no faults of their own. It is only then that the same will be able to get help and support from the authority.

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Role Of The 8A Certification Consultants In Upholding Business Authorities In America

The term 8a certification refers to an effective step that has been undertaken by the authority of the Small Business Administration so as to cater the scope of the business processes that have been stuck behind, to get back on the roll of processing. This is a feature that is in prevalence in the land of the United States of America and it is a fact that the inception of such a concept has created revolutions amongst the existing business authorities in this country. This is on account of the fact that this feature has been initiated by the authority of the Small Business Administration 8a which undertakes the responsibility of upholding the downtrodden business initiators so that they can get capable enough in making their grounds firm enough so as to compete with the other business authorities who have reached high levels of profits out of their processes.

8A Certification Small Business Consultants

It is a noteworthy fact that the program of the 8a certification is supposed to have certain qualifications and criteria to be fulfilled by the initiators of the business authority who seeks to be involved into the processing of this program and it is reality that fulfillment of these criteria is not a very easy process and it is here that the integrity of the role of the 8a certification consultants come into the forefront. These are persons who are supposed to be entitled with the task of making the building a bridge between the business owners and the 8a authorities which would let the former to carry out the criteria required, in a proper manner. These persons are efficient in helping the seekers to shirk out the additional hassles of going through the procedural methods of 8a certification so that the under-privileged lot of the society can avail the advantages of this authority at a rapid pace.

As is mentioned earlier that the 8a certification is an authority that has been grounded on the base of the Small Business Administration and that the latter is characterized by a number of mainstream criteria that are mandatory to be fulfilled so as to get eligible for consideration of the authorities. The sba qualification, in association with the term, refers to the features that are brought under consideration so as to register a particular business authority under the SBA, which include the concerned authority to be a proved small-scale business authority.

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Criteria Associated With The 8A Certification Requirement

Business procedures behold their origin to the days of ancient times and these have undergone developments in their ways and processes to a considerable extent over years. This has formed the base for the various business initiators to come up with newer trends and practices in association with this so as to carry out these procedures in a smarter and a more profitable manner whatsoever.

8A Certification Requirements

Businesses have gained grounds in almost every corner of the world and in this regard it has to be mentioned that the United States of America is globally recognized as a business country which gives in for commerce through this means to a considerably high extent, though however on the contrary, a number of business organizations who are not essentially flourished to the same level to which the mainstream business organizations are, have been rooted here. On elaborating this, it has to be pointed out that there are many small-scale business authorities in the land of United States, that have not been able to establish themselves to the extent they had desired to and this is specially on grounds of social deprivation which would include in them the racial status of the business owners, their caste, creed and also financial positions. It is here that the integrity of 8a certification gains grounds. This is an authority which gives in for the required support to these deprived authorities to get them out of their crisis.

The feature of 8a certification requirements signifies the set of distinct criteria that have to be fulfilled so as to get registered with this facility. The requirements would mainly call for the business owners to be genuine by nature along with legitimate citizenship of that country. They must produce legal evidences that prove that they are socially deprived and that another noteworthy feature of the sba 8a qualification is that it requires the business authority to exhibit scope and chances of its betterment through its agenda and strategies to a satisfactory extent, thus making itself eligible for being undertaken by the authorities of the 8a certification authorities whatsoever.

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Features Of 8A Certification Requirement In Business Procedures

Business procedures are commercial activities which are carried out by persons who are associated with the financial facets of functioning in the society. The basic feature of a business procedure is to deal with buying and selling of goods, commodities and services in return of cash or at times, kind. Businesses are prevalent in almost every corner of the world and that these form a major part of the economy in any kind of a society whatsoever.

8A Certification Requirement

While talking of businesses, it has to be mentioned that a significant feature which is highly attached on to business processes is the feature of 8a certification, which, in association with the term refers to an organization which works under the banner of Small Business Administration in the United States, serving the purpose of lending a hand of help to the business procedures which are existent in that land, but are not being able to flourish or compete with the full-fledged business organizations that are doing well in the same land. This is actually a status which is tagged on to those business authorities which lack in certain requisites like fund or resources so as to establish themselves as the same. This kind of a lack in business requisites may be resultant of certain social disparities like on grounds of caste, creed or financial status. Here it is relevant to mention that 8a certification requirements, in association with the term refers to certain credentials which have to be evidently satisfied by the authorities who seek for such certification. This kind of a status would require the business owner to own the business majorly and that he or she should essentially be a citizen of America. Persons who are managing the business must be evidently recorded to be a socially deprived being and that they must portray some real effective potential of success through the business strategy so as to get undertaken in the Small Business Administration. The feature of sba 8a qualification essentially checks whether the persons in charge of the business portray positive characters or not, before assuring them of their help.

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How To Form An 8A Certified Small Business Administration

In the United States small and medium scale enterprises play a hugely important role keeping the nation’s economy running. As a result, it has become important more than ever to provide these business organizations with optimum support so that they can continue making contributions in the economy. A large number of socially and economically challenged entrepreneurs in the country are involved in the small and medium scale enterprises sector which has grown exponentially over the last few years. The 8a certificate has been introduced to provide some extra leverage to the small businesses owned by economically and socially challenged entrepreneurs. 8a certified small business administration enjoys some extra facilities from the government and are able to stay in the market competing with large business corporations.

8A Certified Small Business Administration

In order to file a successful application for an 8a certificate a business organization has to prove certain things. This certificate is for those who have been in a disadvantageous position for a long time in history due to no fault of their own. The socially disadvantaged class includes African American, Native Americans, Hispanic Americans and Asia Pacific Americans. All these people have suffered some sort of racial or ethnic repression at some point of time and the 8a certificate is designed to provide them some respite in matters of business and self employment. An 8a certified small business administration must be governed by those who are in a socially disadvantageous position. However, the business organization has to prove that it is in a similar situation if it has to earn a certificate.

8a Certification - What is 8(a) Certification Advantage?

Another important requisite for having an 8a certificate is being economically challenged. In the United States anyone having a capital less than $250,000 is economically challenged and is eligible for an 8a certificate. It is to be kept in mind that there are a large number people who are economically challenged when it comes to investing money in business. It is possible for 8a certified small business administration to gain some extra leverage in the market and be in business competing with others. It is to be kept in mind that there are a large number of people who think that when it comes to capital, small and medium scale enterprises lag far behind larger corporations. This certificate works a lot to allow the small business units enjoy certain facilities that would help them move forward in the market. Moreover, businesses managed by women are also eligible for 8a certificates.

The best way to file a successful application for 8a certificates is to take the help of professional 8a certification consultant who has quite a few years of experience in this field. There is no room for making errors in the process as if once the applications gets rejected all future efforts get even tougher. Hence, a professional consultant can help a person out in this regard and can make the filing process a successful affair. It is better for clients to contact more than one service provider and choose the right one.

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What Is GSA Schedule Contract?

Are you new to the federal market? You might then be looking for a place to learn the basics about a GSA Schedule Contract. This is the best place to start.

A GSA Contract is a government wide contract. It allows you to sell your goods and services to any government agency--local government, state government, federal government and few other organizations. The best part of it is it allows your company to get orders for services or products without you responding to the government requests, which have confusing federal contract needs and expensive federal proposals. Without this contract, you would require to bid on and negotiate with the different agencies separately. It’s a 5-year contract but you can renew it thrice. So, it’s basically a contract for twenty years with the largest client of the world.

GSA Schedule Contract

A GSA Contract has become the most preferred contracting vehicle for the procurement officers. The benefits that a company enjoys getting a GSA Schedule Contract are that it gets enlisted on GSA eLibrary and it offers the right to use GSA eBuy. A number of firms have tried convincing the technical staffs of government agencies by saying that their products or services  were great; but the only question they were asked is, “Do you have a GSA Schedule?” If their answer was yes, they were in the business; if no, they were not considered.

If you want to procure a GSA Contract, then there are few important questions you need to ask yourself first:

1. Does your firm have the resources to break in the federal marketplace? There is a GSA sales minimum. If you are unable to meet that, you may lose the contract.

2. Does your firm have a paper trail? Collecting the documents to submit for obtaining a GSA  Schedule Consultant becomes very difficult if your firm doesn’t have a sold recording system in place.

3. Why you need a GSA Schedule Contract? You need to use it for gaining profits. The contract must fit into your federal marketing plan. It must not be your plan for federal marketing purpose.

4. How many years of experience does your firm have? A minimum of two years of business experience along with a good base of projects and customers is needed if you want your firm to get a GSA Schedule Contract.

5. What will be the procedure for you to maintain your GSA Schedule Contract? You may need full-time employees devoted to your federal sales and GSA Contract. We also offer GSA maintenance services. So, if you want you can outsource your need to us.

Thanks for your curiosity to know what a GSA Contract is. Hope you can now answer the question, ‘What is a GSA Schedule Contract.’

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Strategic Sustainability Performance Plan 2012 - GSA

Are you aware of General Services Administration’s Strategic Sustainability Performance Plan? The plan outlines the strategies and policies regarding how the agency can endure Obama Admin’s commitment to cutting pollution, waste, and costs in the federal systems. Sustainability is the main concern of General Services Administration This plan reaffirms the obligation to this priority and includes tactics to handle risks arising from the major climatic changes.

Obama’s Executive Order of 2009 on federal leadership in energy, environment and economic performance highlights the persisting violent targets to reduce pollution and waste in the federal operations within 7 years. The Sustainability Plan of 2012 is to be built on three long years of progress under Executive Order and should offer an outline on the ways the agency is saving taxpayer dollars, cutting waste, saving energy and reducing carbon emissions.

 

8a Certified Business

2012 Sustainability Plan of General Services Administration comprises an action plan related to the adaptation to climatic changes, outlining the initiatives for reducing the susceptibility of the agency’s assets, investments and programs to the effects of incremental climatic change like heat waves, rise in sea level, drought, heat waves or climate inconsistency such as extreme or frequent weather events. The plan points out the actions, which address how a changing climatic condition can impact GSA operations and programs, while safeguarding the investments of taxpayer.

The plan, which Obama asked the federal agencies to prepare in the Executive Order is available for sixty days of public comment and is updated as required. The adaptation plan develops on the Admin’s commitment to marketing the climate change resilience and preparedness.

Actions in the plan include extensive efforts to continue making federal buildings more viable and to lessen the environmental effect with the cost-saving wits. General Services Administration has reduced the intensity of energy and received sixteen percent of its electrical energy from the renewable resources. The action has even reduced the greenhouse gas emissions by 20% in comparison to the levels that was noticed in 2008. Reduction in petroleum usage with the internal fleet of GSA have totaled to more than 150,000 gallons in last 7 years. Considering the present prices of the gas, this amounts to annual fuel savings of about USD 500,000.

Waste diversion has led to cutting expenses by 3.6 million dollars. With water saving, which is equal to 523 Olympic-sized pools, the action has avoided the costs of nearly 4 million dollars per year. The plan even includes the educational measures for amplifying the sustainability efforts in acquisitions. The green purchasing training for the purchase cardholders and acquisition teams is available for all to assist further drive action priorities and for a better ‘Go Green’ approach.

Other than this Climate Change Adaptation Plan, there are two more components that are included in the Sustainability Plans-- Bio-based Purchasing Strategies and Fleet Management Plans. The federal agencies keep posting the Sustainability Plans annually, giving priority to the activities, which help to meet water, energy and waste reduction objectives based on positive ROI for American taxpayer.

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Is Your Business Small Enough To Obtain 8a Certification?

You may own a business, which you consider it to be small. But what is most important is that whether the Small Business Administration considers your business to be small. The SBA will only consider your company to be small if it finds out that you adhere to the size standards set by them. This means only if your company meets the SBA size standards, it will be considered to be a small business by the Small Business Administration. Unless your firm is small, it won’t be able to get the 8a certification.

Now, the question is what is a small business according to the SBA. The SBA defines it either on the number of employees the firm has or on the basis of the annual receipts over the last three years. A manufacturing and mining company should not be having more than 500 employees if the firm wants it to be considered small by the SBA. A non manufacturing firm on the other hand are judged on the basis of their annual revenue, which is set by the SBA as 7 million dollars. This means a non-manufacturing firm shouldn’t have earned more than the specified amount in a year if it wants its business to get approval from the agency for SBA 8a certification.

The Small Business Administration even defines a small sized business as an enterprise, which:

• Has a business location in United States
• Is established for making profits
• Operates mainly within the United States or contributes largely to the economy of U.S. through paying taxes or using American materials, products or labor
• Is operated and owned independently

8a Small Business Certification

The company can be a partnership, sole proprietorship or corporation. Since all the federal agencies should use the size standards set by the SBA for the contracts, you must choose NAICS codes, which best describe the firm and then see if it meets the size standards for the chosen NAICS codes. If you want, you can even make use of the Size Standards Tool for finding out the size of your business.

After you find out that your business is small, there are few more things which you need to make sure your company meets. Your firm apart from being small need to prove to the SBA that it is economically and socially disadvantaged, majority of the company is owned by a disadvantaged individual, the firm has been in business for a minimum of two years and so on. To find out all these requirements of the SBA 8a certification, get in touch with an 8a certification consultant who can explain you in detail about the requirements.

Our Partner: GSA Schedule Contract

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What is takes to qualify for the 8A certification program

8a certification application

8A Certification Application

If you are thinking to apply for the 8A certification program, and not worried about your eligibility, then it is quite likely that your application for the federal certification may get rejected. Qualifying for 8A SBA program is one of the hardest steps for a potential applicant.

To qualify for the Benefits 8a certification program, you need to meet few requisites. In case you fail to meet any one the mandatory requisites, your firm will not get the official federal recognition. In order to derive the benefits of the 8A SBA program, your firm needs to meet the eligibility requirements, which includes:

Disadvantaged Business

If you intend to apply for the 8A programs, it is mandatory for your firm to be monitored by a disadvantaged individual. It is imperative that a disadvantaged person occupies the highest rank or position in your firm. The disadvantaged individual must be in-charge of the firm and should be responsible for the day-to-day activities of the business.

Good Track Record

Your firm must maintain an excellent record of accomplishment, by delivering every order on time and meeting all the customer requirements.  This will help the SBA to evaluate your company on a positive note and help you qualify for the government program. Few positive testimonials from your previous clients will add to your overall credentials.

Good Moral Character

This is one of the most important requirements set by the SBA. The person representing your company must have a decent moral character. Fiscal responsibility plays an important factor in moral accountability. Make sure that the representative you opt for your company is not on parole or a felon. Such people should not hold a significant position in the ownership or the management of the company. However, few other mars such as a DUI arrest for 10 years do not prohibit you from applying in the 8A certification program. Few other felony convictions such as tax scofflaws, unmet taxes, default on SBA loans, liens etc. are taken as serious crimes, committed by an applicant and hence will reject the application.

Small Business Concern

According to the standard set by the SBA, your business must be small and meet the requirements of the federal program. In case the SBA does not define your firm “small”, it is not possible for your company to get the certification.

Presence

A company applying for the 8A certification should remain active for not less than 9 years. It is imperative for your firm to remain active for nine whole years in order to qualify for the SBA program. The reason for such a requirement is that the SBA wants to determine whether your company is durable enough to bear the uncertain ups and downs in business and whether it has the potential for success.

To get the certification, your firm must meet all the eligibility factors set by the SBA. If the above points are not fulfilled, be rest assured that your application for the certification will get rejected. All the documents and paperwork must be in proper order before applying and must be in agreement with the federal and state law.

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What are the mandatory requirements of your business to become 8A certified?

If you have overlooked the importance of the compulsory requirements of your business to get 8A certification, getting your business certified by the SBA can become very difficult for you.

In order for your business to get 8A certification, it is mandatory that certain requirements are met as suggested by SBA. Fulfillment of specific details and requirements confirms that your firm is qualified to be 8A certified. Such requirements include:

8a certified

Business concern

This part generally involves the structure of the organization, articles of incorporation and special agreement bonds with the state government. This section also includes bank signature cards, insurance information and business background. The SBA confirms whether you actually control the organization or not and if your business have shared ownership, location or management. If in case any individual is having a higher position than you in your organization, it is quite likely that your business will not be 8A certified. The SBA also verifies your employment background and find out the possibility of any discrepancy. The sole purpose of the verification is to determine whether you have job outside the organization or not. The SBA also scrutinizes your personal financial statement and determines the net worth. Your net worth must value below USD 250000 excluding your house and business.

Financial Status

You business concern should be financially capable to be able to thrive in the program and must have positive equity. If your business has negative equity, it will not get 8 a certification. The SBA also evaluates whether your company can prosper without the continuous introduction of capital in the business. The cash flow of your company is also determined by the SBA to find out whether your organization will be able to cover the expense when any client fails to pay within time. Your business must provide at least 3 years of business tax returns for the analysis of the SBA to verify the sales report and authenticate the financial statements.

Personal Data

Your personal data which includes financial position, personal history and narratives play a significant role in the eligibility criteria of your 8A program. You do not require providing with a social disadvantage network in case you are a member of a designated group such as the Asian Pacific Americans, Black Americans, Hispanic American etc. Providing an economic disadvantage narrative is essential for each and every applicant, in order to determine whether a particular application is approved or not. The economic and social disadvantage narrative displays specific events from your life displaying the discrimination depending on the membership of the group applied for. Such narratives may include specific gender, handicap and specific race. The sole purpose of SBA is to offer credibility to your narrative by verifying as much detail as possible.

To get your business 8A certified, it is essential that you fulfill the above mentioned points carefully. After proper scrutiny of the above mentioned points, the SBA may grant the 8A certification to your business and offer an official recognition.

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Quick glance on 8A certification application process

For small business organizations, federal loans can be quite useful to develop the business. However, such loans are offered by the SBA only for business organizations which are owned and managed by minority, women or service disable veterans. The SBA 8A program is one of the largely available business agendas present in the market which focuses on developing the small organizations and promotes individual entrepreneurs. To avail such benefits of  SBA 8A, it is mandatory for you to successfully complete the application process. The 8A certification process as suggested by the SBA generally comprises of 3 basic parts including:

If you are an applicant, not less than 51% of the ownership of your business should be managed and controlled by a minority, women or service disable veterans. In addition to it, the owner of the majority of shares should have active involvement in the daily business operations. In this context, SBA utilizes a highly adept system that determines and finds out the individual majority shares owner of your business and makes sure that they adhere to the basic rules and regulations.

The second part is a very difficult step as it demands certain legal obligations to prove that you are economically and socially disadvantaged. According to the norms and standard set by the SBA, your business can qualify as economically and socially disadvantaged. If you are the majority share holder, make sure your net income should be more than USD 250000. This amount should exclude assets such as company ownership and personal home.

In the third step, the SBA will systematically check your business to determine whether it qualifies for small business requirements or not. If your business is on the list of banned businesses, then it will not pass the SBA 8a application process. The SBA accepts the standard for small business set by North American Industry Classification System which states that a business is small scaled if:

• It has around 500 employees form mining, manufacturing and other industrial procedures

• It has USD 7 million as an average annual receipt for a number of non-manufacturing businesses

• It has 100 employees for wholesale trade businesses

8A certification application process can turn out to be a complicated tricky task if not dealt with proficiency.  Getting your business organization 8A certified will not only add value to your company but will also help in bidding for federal contracts. Thus, 8A certification widens your prospects and offers you will a number of avenues to expand the growth of your business.

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