5 Incredibly Useful Tips to Reduce the Time for Getting On 8(a) Certification
The time frame to get 8(a) certification done is a step by step process. The nodal agency that approves the certification is known as a Small Business Administration or SBA. It is an estimated time and differs for each and every applicant.
The applicant takes around 6 weeks to prepare and assemble all the information, credentials, other social and economic narratives. However, this time should be considered or included in the certification timeline. But there are cases where it takes more time for an applicant for preparing to get started.
Once the documents are submitted, SBA takes around 4 months for approval. This is not a stipulated but an estimated time. So, it is fair to consider that around 6 months is the median to get on the minority program by SBA.
A few unsuccessful applications are declined and they are again forced to be in square one position. Well, the time spent on the process is justified because it involves tedious preparation process of the application, submitting it, the checks and rechecks and above all approved by the SBA.
The applicant might think that the 8a certification takes a bit long and might hamper the performance of the company after the certification is awarded. Also, if declined then the loss of time is too much for any firm or company. So, expert consultants are hired to shrink the timeline and get the approval with little or no chance of decline.
We here give 5 tips to reduce the time taken to get on the minority program -
- First do not start abruptly with the process of getting on the program.
- Research and study about the eligibility criteria and requirements. We here have posted a vlog for the criteria for the 8 A program.
- The consulting help reduce the fear and chance of rejecting and denying the application.
- Exhibit the potential of your company to meet the demand for federal orders and standards.
- The program by SBA is no guarantee to federal contracts, it means that the company has the potential for federal contracts.
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