Active SBA 8(a) Certified Firms as of July 1, 2014 by Location
There are 7,078 active SBA 8(a) Certified firms as of July 1, 2014. Below is an info graphic showing the location by state and number of active SBA 8(a) Certified firms. The source of this information...
View ArticleHow to get 8(a) Certified if your firm has been in business for less than two...
The SBA may waive the 2 year requirement if you meet each of the following conditions: Condition 1: The individual or individuals upon whom eligibility is based have substantial business management...
View Article8a Certification: The most overlooked eligibility issues.
Getting successfully 8(a) Certified can be very difficult. The latest statistics show that only 2 out of every 10 self-prepared 8(a) Applications result in successful 8(a) Certification by the SBA. In...
View ArticleWhat role can a consultant play in your SBA 8(a) Application
Hiring a reputable consultant to assist in the preparation of your 8(a) Application can be very important. Most self prepared 8(a) Application are rejected outright or send back multiple times for...
View ArticleReduce your 8(a) Application review time, at the SBA, by 30+ days.
There are several certifications that are required to be submitted within your 8(a) Application paperwork. Failure to submit these signed and dated certifications will result in a letter back from the...
View Article8(a) Application – Contracts, Invoices and Letters of Reference – What you...
Among the many items that are required to be submitted to the SBA, with your 8(a) Application, you will need to supply a listing of client work performed, copies of contracts/agreements, invoices and...
View ArticleFinancial Statements – 35 Items the SBA reviews when applying for 8(a)...
When applying for the 8(a) Program you are required to submit the following financial statements for the business: Year to date Balance sheet and income statements, no older than 90 days, including a...
View ArticleTips to select the right consultant to prepare your 8a, HUBZone or VetBiz...
1. Pick up the phone. Call them and speak to the actual person who will be preparing your application. You should be able to call them and speak directly to the individual(s) who will be responsible...
View Article8a 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...
View Article8(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....
View ArticleSBA 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...
View Article2 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...
View Article8(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...
View Article8(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...
View ArticleStock 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...
View Article8(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...
View ArticleTips 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...
View Article8(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...
View ArticleCertificate 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...
View ArticleDon’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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