Posts

Showing posts with the label 8a business

Are the Amish eligible for 8a certification

Image
Well, the 8a certification is awarded to the entrepreneurs of small and disadvantaged companies to do trade with the Federal and its agencies. The 8a program under SBA is full of success stories that are the great source of inspiration to many owners of small companies and firms. The minority groups, the population who suffer from social, economic and racial discrimination and are the citizens of the US are eligible for the 8a certification . Who are the Amish? They are the people belonging to the minority group, immigrated to Pennsylvania in the early 18th century. They are reluctant to adopt the new age lifestyles and are known for their horse and buggy way of life. They are a group of traditional Christian Church fellowship with Swiss Anabaptists origin. They live in groups and follow the traditional lifestyles and shun the modern amenities and services. Well, a few of them have shifted to modern day living but the population of such are really very low. They continue livin...

8a Certification for small disadvantaged businesses

Image
In the US alone there is 6 million minority based business, but less than .01 of them have joined in SBA’s 8a Certification plan. This is an incentive- based program to support the operations and profitability of small businesses that are socially and economically disadvantaged. It is not a good idea to overlook the benefits. 8a Certificate when approved/awarded to any firm provides it a competitive advantage in government procurement. It is mandated for a lot of agencies to reserve opportunities for small businesses. This gives the disadvantaged business to expand and grow in the authenticated sector. 8a Business also allows them to own sole source contracts if they are listed with GSA’s certification. These sole -source contracts have a whopping $4 million ceiling for goods and services and for manufacturing it is $6.5 million for manufacturing. 8a Business by GSA is exclusively for small disadvantaged businesses; they should not miss the opportunity to enter the ma...

How Long Can The 8a Certification Processing Time Get?

Image
8a certification processing time implies the timeline and moreover the time required to go through all the steps involved in getting a business certified by the nodal agency approving all 8a certification applications, which happens to be Small Business Administration (SBA). The time required to prepare and assemble the 8a application varies from client to client, but mostly it has been seen that it takes between a month and half with the SBA being able to approve the certification within 4 months, depending upon the applicant meeting all the basic credentials and having other satisfactory economic and social narratives handy to satisfy the basic requirements.    Overall it is estimated that the entire 8a certification processing time runs up to 6 months on average, with the lucky ones seeing their applications being cleared within 6 months, and the unlucky ones see their applications stretching beyond 6 months and even getting decline. 6 months remains the average 8a...

Plan With 8a Certification Timeline In Mind

Image
The 8a certification timeline is the time frame to get 8a certification done which is a step by step process. The nodal agency that approves the certification is known 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 8a 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 8a certification timeline including the time taken for the submission of details of the applicants and application. A few unsuccessful applications are declined and they are again forced to be in square one position. Well, the ti...

Without Having An Expert Consultant The Path To 8A Business Certification Might Become Very Problematic & Cumbrous

Image
The path to 8a business certification can be cumbersome and very problematic unless you have a very good consultant drawing out strategies for you in clear, simple steps. A lot of complex issues need to be addressed and overcome in order to get affiliation from SBA, the Small Business Administration which is nodal agency for 8a business certification.  Along with a clean plan, documentation, you will also need to keep your social and economic narrative for times as and when required depending on the discretion of the nodal agency. Your predicament as socially and economically disadvantaged needs to made clear in wholesome terms, so that if or when your 8a status is every scrutinized upon in future, you won’t have to face much the trouble.  The 8a business certification program has been basic for aiding socially and financially hindered business visionaries access the monetary standard of American culture. SBA 8a business certification is a business help program...