Mechanics of Wealth: Vol. 6 - Military Family Business

$4.99
by Francis E McIntire

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SDVOSB Mechanics of Wealth, Vol. 6 - Military Family Business. Every year thousands of military family member- and veteran-owned businesses register their businesses with the Small Business Administration (SBA) and the System for Acquisition Management (SAM.gov) in order to be eligible for government contracts.Some apply for GSA Schedules with the expectation that the government will take notice and of their product and service offerings and issue them lucrative government contracts to deliver products and services. There are numerous commercial firms that will offer to ‘help’ companies like yours register your companies with the government.Other military family member- and veteran-owned businesses take valuable time to certify their companies and apply for socio-economic status thinking that this will lead to sole-source and set-aside (limited competition) contracts. These certifications include Small Disadvantaged Business (SDB) status; 8(a) minority owned, woman-owned, and economically disadvantaged businesses; others include Historically Underutilized Business Zones (HUBZone), Veteran-Owned Small Businesses (VOSB), and Service Disabled Veteran-Owned Small Businesses (SDVOSB).

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