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At ez8a, we are professional 8a certification consultants on 8a requirements, 8(a) certification assistance, CCR, HubZone and SBA 8a benefits of 8a certified minority owned business services.

sba 8a, 8a certified

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Getting your small business certified by the highest authority in the land and bagging federal contract deals must have been a day dream, right? Not anymore! With 8a certification advantages you can take your small enterprise to great heights and stay there. This article will highlight some of the fine points for small biz owners to benefit from 8a certified advantage.

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Prevalence Of 8A certification Enhancing With The Increasing Numbers Of Business Organizations In The United States

Businesses and their features have always been on the role of development and improvisation in terms of strategies, planning and functioning over years and that, this serves in for the base for the same to gain attention of the authorities to a considerable extent whatsoever.

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At ez8a, we provide professional 8a certification, CCR, and HubZone services. For a free consultation call us at 513-843-4288 regardless of where you are in the application process.

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Get Your Small Business 8a Certified and Win Federal Contracts

The Small Business Administration administers two types of programs to assist small disadvantaged businesses. These programs are Small Disadvantaged Business Certification Program and 8a Business Development Program. The 8a program provides a broad scope of assistance to economically and socially disadvantaged companies whereas the small disadvantaged business certification is strictly concerned about the advantages in federal procurement. Companies that are 8a certified automatically qualify for small disadvantaged business certification. The new regulations permit the 8a firms to form the beneficial teaming partnerships and enable the federal agencies to streamline contracting process. The new rules make it easier for the firms of non-minority status to take part by offering their social disadvantage. There is also the new Mentor-Protege Program that enables start up 8a small firms to learn the ropes from the expert businesses. The task of the 8a certification consultants is to teach the small 8a firms how to compete in the field of federal contracting and how to utilize the subcontracting opportunities available from the big businesses because of private-public partnerships. In order to be eligible for the program, the small business should be controlled and owned by economically and socially disadvantaged person. Some of the presumed groups include Hispanic Americans, African Americans, Subcontinent Asian Americans, Native Americans and Asian Pacific Americans. Even people who are not members of these groups can be admitted to the program. In that case, individuals need to prove that they are disadvantaged because of their ethnicity, race, physical handicap, residence in a place isolated from the mainstream of the American society or gender. An individual, in order to prove that he/she is economically disadvantaged, should have a net worth of not more than 250,000 dollars. However, the value of personnel residence and business should not be included here. Individuals who want their companies to be 8a certified should see to it that their firms meet the small size standards set by the SBA. Apart from these, the individuals should also keep in mind that their business could only be eligible for the certification if the firm has been in business for a minimum of two years. Although this two year requirement can be waived, the small companies should comply with the other requirements. The other requirements are: • The businesses should prove that they have the potential to succeed. • The business owner needs to have a good character. For doing business with the federal government and to be certified under a small disadvantaged business program or the 8a business development program, you should register in the SAM.

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Want to be qualified for 8a certification? You should be a disadvantaged individual owning your small business. Being a disadvantaged individual, you should own at least 51% of the firm. Moreover, you should be socially as well as economically disadvantaged. You need to be a Hispanic, Native American, Asian American or African American in order to claim yourself as socially disadvantaged. And for being economically disadvantaged, you should not have more than 250,000 dollars of personal net worth.

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Different Business Structures You can Choose for Your SDB Firm

If you have eyes for the coveted SBA 8a certification program then you need to focus on the infrastructure of your business firm in the first place. It is highly recommended that you should come out with a structure that has no tax as well as legal complications. Here goes a close peep on some vital structures that you can consider for your business firm. Sole proprietorship- Sole proprietorship is considered to be a fundamental business establishment. You can choose this particular infrastructure for your firm. The regulations pertaining to sole proprietorship keep varying from one industry to another. However, you might have to face permits as well as licensing related issues while setting up your business as the sole proprietor. Cooperative structure- You can go for cooperative structure if you have some professional companions. Cooperative structure does help you meet your collective needs in a proficient manner. However, before you are going to choose this particular structure you need to make it sure that you are going to do a couple of things. In the first place, you are supposed to submit ‘articles of incorporation’ that includes every detail pertaining to your business. Secondly, you have to file your membership application. In cooperative structure, you are required to charter member meets as well as take care of licensing issues. S corporation- S corporation is akin to C corporation. Forming this kind of an infrastructure is not a tricky chore. If you form an S corporation you are definitely going to get the same benefits as you could have in an LLC organization. At the same time, you get other benefits such as tax credits, independent operations, tax savings etc. LLC- LLC is nothing but a limited liability company. An LLC is known to perk up the operational flexibility as well as tax efficiencies of your small firm. If you have an LLC structure, you are not going to face trouble with the taxation part. At the same time, you do not have to carry on with excessive paperwork. It becomes easy to keep the records. What’s more, the profit sharing part also appears to something that can be easily handled sans any legal hurdles. The aforementioned structures are best suited to the requirements of your small business firms. They are specifically tailored to offer a competitive edge to your SDB firm. If you are meticulous enough about maintaining them, then you are sure to attain success at SBA 8a certification program. What’s more, you are sure to leave your mark as a successful entrepreneur in the domain of 8a small business.

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SBA 8a Certification Customer service

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Probe into 8a contract Joint Venture Agreements

Joint venture agreements form an integral as well as crucial part of federal 8a contract. If you have eyes for the agreements then the first thought that should pop up in your mind is whether you are at all eligible for the agreements. It is of great importance for you to prepare for the agreement the right way and your preparation should start with knowing the requirements like the back of your hand. Here is a brief rundown on the most important requirements. Cut and dried presentation of the purpose - In order to make your way to you need to make it sure that you are going to present the purpose of laying out the joint venture in clear terms. The authorities should be able to see your vision behind setting up the proposed establishment. Ownership requirements - You need to maintain the ownership requirements religiously. You need to prove it before the SBA 8a authorities that you own more than 51% of the business. Crystal clear presentation of administration related records - You have to designate as well as present the administration related records in a completely flawless manner. The SBA authorities are going to keep a scrutinizing eye on these records. Identifying responsibilities - You need to make it sure that you are going to categorize and ascertain the responsibilities pertaining to your small business. You have to be very specific in areas such as 8a SBA contract performance, business negotiations, labor sources. Showcasing major equipment - It is important that you are going to furnish proper documentation pertaining to the major equipment as well as facilities that you propose to use. Produce your financial statement - You need to be very careful while presenting the financial statement pertaining to your business as flawless and unadulterated presentation of financial records is a crucial requirement for 8a contract joint ventures. You need to ensure that you present appropriate statement o profit and loss as well as profit distribution. If you aim at potential future gains through the joint venture then you need to make it sure that you are going to keep a sharp eye on the aforementioned requirements of 8a contract joint ventures. If you follow the discussed points religiously you can rest assured that that you will surely have an access to a trail of fortune and flourish from the SBA authorities.

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Potential red flags for the consulting firms

Procuring the SBA certification gives the ideal opportunity for the small firms to flourish exponentially. Getting the federal recognition allows the firm enter the government market and bid for the hugely funded projects. Such projects will enable the firms to boost their annual revenue significantly and rank high than their competitors. While applying for the federal recognition such as professional 8A certification or DBE certification, it is imperative for an applicant to select the right consulting firm.  With the aid of a proper consulting firm, an applying firm can get over the federal process in no time. However, while selecting the consulting firm, certain points should be considered, namely: • The consulting firm must declare the full name along with its subsidiaries in its particular website. Certain consulting firms may attempt to mislead an applicant by placing a referral on the website which is derived from its affiliates • The website of the business consultant should be riddle-free and must not have spelling errors. The names of the offices, official forms and processes should be slept in the right manner • The website should not contain hyperbolic or overstated assertions or promises, which are not authenticated. Any kind of unrealistic claim by the consulting firm should give it a red flag. • The credentials of the consulting firm should be strong enough to support the claim of the company of being proficient. A proficient consultant should have years of expertise in the related field and must have a good record of accomplishment. It should have supportive testimonials of its previous clients that verifies the proficiency of the consulting company • The references of the related consulting company should be easily located on the web. An applicant must have the access to talk to references of the consulting firm via a telephone or an email. • The consulting company should not make any kind of promise or give assurance, which only the US government is allowed to do. If any consulting company gives 100% guarantee that it can help a candidate to procure 8A certification or DBE certification, it should not be trusted. Getting the federal recognition depends on the right selection of the consulting company. By adhering to the above-mentioned points, if an applicant chooses a consulting company, it is quite likely that his/her federal approach will be a highly successful one.

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SBA 8a certification cannot be availed if there are certain issues with the info offered by an applicant. EZ8A offers its guidance in meeting the burden of proof as mandated by the SBA.

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8a certification program involves certain myths following which can hamper your business approach. EZ8A helps you deal with such misconceptions in the most lucid manner.

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8a certification offers 12 essential benefits for small business owners. The above video highlights the lucrative federal contracting options for small firms certified with 8a certification.

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8A certification is one of the mandatory official recognitions for the mid-sized and small business firms. Read on to know about the various hidden charges and costs involved in the overall 8A certification application process.

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The SBA 8a program enables the small firms to prosper and flourish in the federal market place. EZ8A offers essential guidance and helps the small firm owners to win such projects easily.

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8A certification is one of the highly demanded official recognitions, which offers a number of benefits to small business organizations. Read on to know what are the real benefits of getting your firm 8A certified.

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If you are the owner of a small business organization and want to get access to federal contracts, you will need 8A certification. EZ8A helps you to complete the entire 8A certification process in exchange of a nominal fee.