How to qualify for the 8(a) Program if you have been in business for less...
Your business must possess reasonable prospects for success in competing in the private sector if admitted to the 8(a) program. To do so, it must be in business in its primary industry classification...
View ArticleIs your 8(a) Program AGI above the $250,000 limitation? Here is how to find out.
The $250,000 Threshold for Adjusted Gross Income (AGI) Among the many 8(a) business development program eligibility requirements the applicant for 8(a) Certification must have is an average AGI over...
View ArticleWhat information will need to be provided with your 8(a) Application.
Keep in mind that each 8(a) Application is unique and document requirements vary for each 8(a) Application. Below is a general list of items that will need to be included within your 8(a) application....
View ArticleCommon misconceptions about getting 8(a) Certified
Myth: It’s easy to get SBA 8(a) Certified. As of November 2019 there are only 5,900 active 8(a) Program participants and have never been more than 10,000 active 8(a) Program participants at any one...
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Five SBA 8(a) Business Plan Templates
Each newly certified SBA 8(a) Participant must develop a comprehensive 8(a) business plan (Form 1010c) setting forth its business targets, objectives, and goals. Typically your 8(a) Business Plan must...
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Want to know if you qualify for the SBA 8(a) Program?
Exploring the possibility of applying for the SBA 8(a) Program? Don’t know where to start? The first step is to find out if you meet the SBA’s 8(a) Program eligibility requirements before you decide to...
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8(a) Certification: Are you earning revenue from a past employer?
When you apply for the 8(a) Program the SBA will look at your current year to date and the past two to three years of revenue and whom it earned its revenue from. If you have earned revenue from a...
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8(a) Certification – Contract Listing Report, Copies of Contracts and Letters...
When you apply for the SBA 8(a) Program the SBA will require that you provide a detailed listing of your contracts* for the current year, through the most recently completed month, and at least the...
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Don’t think the 8(a) Program or HUBZone Program has any work? Think Again!
If you don’t think the 8(a) Program or HUBZone Program can be a valuable tool for your business just look at the following 8(a) and HUBZone contract information pulled from the Federal Procurement Data...
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Certificate of Good Standing. Where to obtain one for my 8(a) Application or...
When applying for the 8(a) Program or HUBZone Program you are requried to provide the SBA with a copy of a current Certificate of Good Standing that is no older than 90 days old when your application...
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8(a) Certification and Community Property Laws
§124.104 Who is economically disadvantaged? (2) When married, an individual claiming economic disadvantage must submit separate financial information for his or her spouse, unless the individual and...
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Tips on finding 8(a) contract opportunities
The federal government is the largest buyer in the world, but how do you know what agency will buy what you sell? What do government agencies buy and where to locate opportunities? The federal...
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8(a) Certification Tip – Your primary NAICS code and what’s reported on the...
When you apply for the SBA 8(a) Program you must report to the SBA what your primary NAICS (North American Industry Classification System) code is. Your primary NAICS code is defined as the six digit...
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Stock Certificates and Ledger Guide: What you need to provide and tips for...
Our 2017 Stock/Membership and Ledger Guide will assist in the preparation and 100% completion of your Stock or Membership Certificates and Ledger for your SBA 8(a) Application. This downloadable guide...
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8(a) Certification: Family members with ownership in another business. What...
When you apply for the 8(a) Program the SBA will ask if you have any immediate family members who have ownership in a business. Why? 13 C.F.R 121.103(f) defines that the SBA may find affiliation on an...
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8(a) Certification: Ownership or outside work in any other business can be a...
The applicant(s) for 8(a) Certification must devote full-time to the business that is applying for the 8(a) Program with no outside employment. This means that they must generally work at least 40...
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2 Year Waiver Guide; How to prepare the 2 year waiver for your 8(a) Application
Who needs to provide a Length of Time in Business Waiver/Two Year Waiver? Your firm must demonstrate potential for success by showing two years in business. Please note that if the business concern has...
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SBA 413 Form Guide: How to Properly Complete the SBA 413 (Personal Financial...
Our 2017 SBA 413 Form (Personal Financial Statement) Guide will assist in the preparation and 100% completion of the SBA 413 Form for your SBA 8(a) Application. This downloadable guide is $99.95. Click...
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8(a) Application – New Procedure for Submitting your 8(a) Application
The SBA has recently changed its method for submitting your 8(a) Application supporting documents. On August 24, 2016, the SBA updated Title 13 of the Code of Federal Regulations (C.F.R.) Part 124....
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8a Certification – The Economic Disadvantage Narrative Explained
Updated (August 29, 2016). As of August 24, 2016 you are no longer required to prepare and provide a Narrative Statement of Economic Disadvantage to the SBA as part of your 8(a) Application. Here is...
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