Is 8(a) Certification Overhyped or Overrated?
To know the fact about the 8(a) certification we need to know about the program in detail. There is so much noise about the minority program that sometimes the applicant wonder that whether the attention it gets from the business owner is right or not.
To get better ideas to watch the vlog below for the complete information about the program.
The sole purpose of the program is to help the small and disadvantaged companies by providing them the opportunity to do business in the federal market. The federal is the biggest buyer of goods and services and while doing trade the company owner learns a lot of useful information about the business world.
Also, in the commercial market, the certification from the 8a program is of great value. It proves the potential of the firm and business. A few government agencies prefer to trade only with the certified companies.
There is no harm to declare the fact that the company is 8a certified. It is a prestigious award which not only states the potential but also proves the merit of the company. The hitch in the whole process is to get the certification.
The application process is long and requires documents to support the fact that the company is disadvantaged. It might take 6 months for the whole process, and yet SBA can reject the application. So, hiring a consulting firm for the application is very much useful. They understand the requirement of the 8a certification application and guidelines for the process.
so finally the program is the most important and useful aid provided by the government to these small and disadvantaged companies and so it is rightful to get the attention and hype it receives int he corporate world.
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