8acertification.net free consultation is a service we provide to help business owners determine if they are eligible for SBA 8(a) certification. There is a great deal of research business owners must do to determine if they are eligible, and a quick 10-minute phone call with one of our business analysts can answer the majority of these issues.
If after the initial 10-minute call we determine that your application has a high probability for success, we will schedule a second call with a senior business analyst. This call will take approximately 30-minutes. The senior business analyst will look for problems the SBA may have with the application, thus preventing successful 8(a) certification. Then the analyst will provide an overall opinion as to the eligibility of the business. At this time there is no obligation to use our services for 8(a) certification.
Here is a list of many of the questions that we will go over to determine the initial phase of your business eligibility. Feel free to call us with any questions, as our business is helping people just like you! 703-688-3546.
Is your company currently making money?
Each has an adjusted net worth of $250,000 or less (excluding personal residence and business)?
Each is one of the following presumed socially disadvantaged classes:
Asian Pacific American
Subcontinent Asian American
If your answer to Question Two is “no,” has each person that answered “no” been subject to:
Has each person owning greater than 10% never been previously certified?
Do applicants have any back taxes or delinquent federal loans?
Is 51% of ownership by a person who is also economically and socially disadvantaged and a citizen of the United States?
- How long have you been working full time at this business?
- Do you have at minimum two years tax returns for the business?
- For your last fiscal year were your sales under $7 million?
- Are there less than 250 employees at your company?
- Last financial reporting period, can you obtain monthly financial statements for the current year or period in which you would be applying with the SBA?
- Is your company a for-profit business?
- The business that will be applying is not a broker; that is, do you actually touch the product or service, such as construction, landscaping, information technology, manufacturing, security, office support services, consulting, etc?
- Does your company currently have the working capital to sustain a government project that could take 90 days for payment to be received?
- Is the company owned 51 percent or greater by one or more people where:
- The company that would receive the 8(a) certification does not owe any delinquent federal loans or back taxes?
- The top management person at the company is the person connected with this 8(a) application?
- Another 8(a) certified company is somehow involved with this business?