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Showing posts with the label 8a business services

Guide to 8a Program for the Lazy Souls

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With all and every information available at fingertips who are the lazy souls referred to? Well, we are talking to those who have been on tenterhooks about the 8a program . The SBA’s certification program for the disadvantaged business owners has been helping them to earn their share of the US market by doing business with the Federal. However, a few business owners are still not sure whether they qualify for the 8a program or not. Some fear that their application might be rejected by the SBA will result in loss of time and effort. So, the confidence to go and contest for the eligibility for the certification is very negligible. To them, we suggest that they need to explore and check whether they and their business qualify for the 8a program. If they find a frail light of possibility then they should immediately do research for the SBA program. Hire a consulting firm which will help by Mentoring Help in financial assistance by designing the plan Training Surety bonding Ma

How Long Can The 8a Certification Processing Time Get?

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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 certification

Plan With 8a Certification Timeline In Mind

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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