The 8a Certification Gives The Firms More Than Buy and Sell
The SBA has the 8a certification plan for small disadvantaged businesses to do business with the world’s largest consumer- The Federal. The companies apply for the certification and meet the eligibility criteria established by the SBA.This not only proves that the business is socially and economically disadvantaged but also is capable of doing trade with the Federal.
The 8a certification goal is to promote the 8a firms into a competitive business environment. However, there are few requirements after the certification is awarded and they are
- Strike a perfect balance between the Federal/ government and commercial businesses.
- The sole- source contracts that are received by an individual participant should not be more than 5 times of its primary NAICS code.
- For vigilance on the 8a companies and firms, the SBA district office monitors and determines the advancement of the participants.
For monitoring, the district offices check the progress of the companies and firms who have been awarded the 8a certification by
- annual reviews
- systematic evaluations and
- business planning
However, in addition getting on 8a certification allow companies specialized business training, marketing aids, counseling and high-level executive development program by the resource partners and SBA. The SBA provides loans, bonding assistance and access to surplus properties and supplies of the government.
In all, it the SBA guides and aids the companies in growth and extension programs.
The author is a business blogger who works for 8a certification EZ8A that offers the best quality 8a program in the USA. The company has its Business office located at 4 Interstate Access Road, Suite C Wilder, KY 41076 and can be contacted by Phone +1 859 442 1050, by Email: info@ez8a.com. Interested people can visit the company website https://www.ez8a.com for more information.
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