white papers

SBA 8a Net Income Calculation

6/26/2016

The net income calculation that is done for the 8a certification can be slightly complicated at first. Although the majority of people in the United States do not make more than $250,000 per year the calculation can be relevant for some business owners seeking 8a. In the example below the husband owns 51% of an
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SBA 8a Net Income Calculation-II

6/26/2016

8a applicants we have been talking with recently have expressed concern that the 8a certification will lose its effectiveness if there are future cuts in federal spending due to the economy. A blanket cut in federal spending would reduce the dollar targets 8a firms receive as the federal target for 8a procurement is 5% of
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Ez8a – 8a Who is Socially Disadvantaged?

6/23/2016

8a Socially Disadvantaged Groups One of the largest hurdles for any business owner that would like to obtain their 8a certification is proving their Social Disadvantage Status. In order to be classified as socially disadvantageat least 25% of your heritage must come from one of the following geographic locations listed below under “Presumed Socially Disadvantaged Groups”.
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8a Application – 70% Rules

6/20/2016

The SBA has a concentration of business rule that is based upon OHA court precedence. This precedence does not permit an applicant firm to have a single client representing more than 70% of the 8a applicant firm’s overall business. The rational the SBA uses is that this creates a likelihood of success issue because if
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8a Changes affecting Alaska Native Corporations (ANC)s the 800lb Gorilla of the 8a World & What it Means to You!

6/20/2016

In 1971 Congress passed the Alaska Native Claims Settlement Act, 13 Alaska Native Corporations were formed based upon geographic region. Each Alaskan Native in that region was given 100 shares of stock in the regional corporation and 100 shares in their local village corporation. A lot of the rights of these corporations dealt with the
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8a Certification

6/20/2016

Getting an 8a certification is a course altering event for most businesses. An 8a utilized properly can easily increase profits and business growth by millions of dollars. Unfortunately because of this the SBA places a high level of scrutiny on all 8a applications. The result is that only 10-15% of applying firms that do not
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Myths About 8a Certification

6/15/2016

1.) Your company cannot get 8a certified if a close relative is currently 8a certified. The SBA has a waiver which can be granted if the firm is located in a different region or industry than the close family relative. 2.) The majority of your business must be in the private sector or you will lose your
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8a Firms Assisting with FEMA Disaster Recovery

6/12/2016

8a firms are well equipped to help their neighbors when national disasters strike. This is because 8a certified companies have the ability to receive sole source contracts of up to $4.5 million dollars. Due to the much faster nature of the sole source procurement process aid can be delivered to the victims without a lengthier bid process. For
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