Small disadvantaged companies that want to be certified need the help of 8a certification companies. These firms can help them gain legal counsel and assist in the preparation of an 8A application. In some cases, this is all it takes to become a certified company. The program allows 8a certification companies to compete against large, well-established competitors, allowing them to earn more federal contracts and get big discounts. This is important to the small disadvantaged business owners who are often the ones affected by racial discrimination and economic discrimination.
The SBA requires companies to have been in business for two years before applying. In order to qualify for 8a certification, these companies must submit a complete business plan and financial statements. In addition, they must provide a product or service that is needed for a federal contract. The government also prefers to contract with 8a certification companies that have been in business for at least five years. These companies can be in the construction, manufacturing, office support, or technology industries.
Once a company has been certified, it can engage in teaming agreements or joint ventures with other government contractors. For these reasons, it is important to seek the assistance of an 8a certification company to make a successful business transition. In addition to training, these companies can also take advantage of loans from the SBA to expand their operations.
SBE Certification 