Here’s the Best Source for 8a Information for Small Business Owners
There is a lot of buzz on getting the right 8a information as any small mistake is accountable to get the application rejected r denied. There are so many sources of information that the applicant feels that they are no short of the relevant direction and guidance to get on the minority program.
However, 8a information needs to be accurate and precise. There is no point into doing irrelevant research and study on information which is not required. But, the fear of rejection is so high that the applicant spends a lot of time into digging the vital 8a information.
There is consulting services as well which provide the targeted help, but they come with a cost. Most of the applicants are the owners of small businesses and firms which are always a bit tight on the finance. Spending a lot of money on the consulting fees is not desirable and worse if they suggest that the products and services of the company are not desired in the federal market.
To solve the issue, the 8A magazine can be referred to dig out 8a information. It is an online magazine which has all the necessary details for an applicant to the minority program.
However, 8a information needs to be accurate and precise. There is no point into doing irrelevant research and study on information which is not required. But, the fear of rejection is so high that the applicant spends a lot of time into digging the vital 8a information.
There is consulting services as well which provide the targeted help, but they come with a cost. Most of the applicants are the owners of small businesses and firms which are always a bit tight on the finance. Spending a lot of money on the consulting fees is not desirable and worse if they suggest that the products and services of the company are not desired in the federal market.
To solve the issue, the 8A magazine can be referred to dig out 8a information. It is an online magazine which has all the necessary details for an applicant to the minority program.
The benefits of the SBA minority program
- Sole source contracts- the 8a participants do not need to go through the competitive process of sole source contracts. There is a ceiling of up to $4 million for goods and services and up to $7 million for manufacturing.
- Set aside opportunities- the 8a program has reserved acquisitions for all small businesses or categories that make the businesses or firms eligible for the 8a certification.
- Teaming opportunities- the 8a certified companies are eligible for Mentor Protégé from the large firms or companies to pursue more complex contract opportunities. Joint Ventures are also allowed to gain huge contracts which are not feasible for small disadvantaged firms. The 8a program makes teaming opportunities possible for them.
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