Obtaining the right certification for your new business enterprise is absolutely critical to gain easy access to highly lucrative corporate and government contracts. In fact, it would not be wrong to state that certification has the means to give your small business a highly-respected and nationally recognized status. After you have acquired the relevant certification, your company will be able to stand out in comparison to your competing firms and companies.
Different Types of Business Certifications
Every certification has its own requirements, and you will have to understand your niche before you can apply for the relevant certificate. In this respect, a top end professional consultancy will not only help you understand which certification would be best for you, but it will also identify additional opportunities once you have the coveted certificate in your possession.
There are different certifications available for the suppliers of products and services. Moreover, there are many different government agencies at the state, local and federal level that will be all willing to work with you once you have the required certification in your hand.
When applying for a certificate, it does not really matter if you are an entrepreneur launching your very own start-up or even a seasoned business owner with several lucrative contracts under your belt. Once you have the requisite certification, you will be able to tap into multiple revenue streams simultaneously. Let us check out a few certification options and all that they entail.
The Federal Small Business Administration SBA 8(a) Certification
This business certification is for the ‘socially and economically disadvantaged’ segments of society. If you are able to meet the eligibility criteria, you will be offered the Small Business Administration 8(a) Business Development Program. This program is also known as the 8(a) Certification. Here, it is pertinent to know that this certification program is deemed to be absolutely invaluable for various struggling businesses. This is because it provides access to multiple government contracting opportunities.
State Level DBE Certification
If your business is wholly operated, owned, and/or controlled by any socio-ethnic group that has been designated as ‘disadvantaged’ in any way, you may rest assured that you will be declared eligible for a Disadvantaged Business Enterprise Certification (DBE Certification). Basically, this type of certification will allow you, as the primary business owner, to receive both special and also additional consideration whenever you decide to bid on any local and state level government contracts.
Here, it is pertinent to understand that many city, state, and country contracts that have been set aside for DBE certificate holders generally end up going unclaimed as many minority business owners are not even aware of the requirements for this certification.
You should always remember that even during the recession, the government has to continue to spend so that it will be in a position to stimulate growth and also fund its day to day operations.
As the key purchasing agent for the United States government, the U.S. General Service Administration (GSA) has to process hundreds of thousands of contracts, and its annual procurement spending can easily cost billions of dollars. Here, the GSA actively seeks to establish multiple long-term government contracts with several commercial firms in order to provide unrestricted access to millions of commercial services and products at bulk volume (wholesale) rates.
MBE – Minority Owned Business Certification
The Minority Business Enterprise Certification has been created for the express purpose of identifying your small business enterprise as being wholly controlled, owned, or operated by a specific minority group. The MBE certification will allow you and your company to receive certain unique considerations that only apply to this certificate. This will give you a definitive edge when you compete for contracts with the local government.
WBE – Women’s Business Enterprise
If you are a female entrepreneur or even the owner of a small business entity, it is important that you try and obtain your Women’s Business Enterprise or WBE Certification. This can be described as a
Once you acquire this certification, you will be able to prove that your business enterprise is owned, operated and controlled by a woman. Since the American government is keen to promote women entrepreneurs, you will be able to attract additional benefits for your business when it comes to increasing your revenue stream by bidding for lucrative government contracts. Apart from that, it will also increase your visibility in an increasingly competitive market.
However, the application process and meeting the eligibility criteria can be a really time-consuming process. Furthermore, it is also quite confusing for all those individuals who are not familiar with the requirements of the certificate they wish to acquire. But this certainly does not mean that the certification should not be pursued. Many state, local and even national level corporations and government entities are mandated by law to search for minority certified products, service providers and associated vendors in order to fulfill their legal obligations.
Who Choose Us?
Obtaining the correct business certifications for your enterprise is crucial in order to gain easy access to both government and corporate contracts. Certification provides your small business with a nationally-recognized and highly-respected status that makes your company stand out against marketplace competition for elite and distinguished clients.
At BryteBridge, we not only ensure that you’re applying for the right certificates, but we also help you identify additional opportunities along the way. A wide variety of applications are available for both producers and service providers across a range of target markets – and there are numerous government agencies at local, state, and federal levels all waiting to stamp and sign on your enterprise’s certification.
It doesn’t matter if you’re just starting out or if you’ve already secured a lucrative contract. Start seeing immediate benefits for your business by taking advantage of the wealth of certification possibilities.
Our qualified consultants have extensive experience in document preparation for businesses. We can complete both state and federal documents for your organization and guarantee their approval. Some key benefits of using us:
Affordable Pricing: Our services are priced to accommodate your businesses budget while still including all necessary items for your organization.
Professional Quality: We pride ourselves on the professional-grade quality work completed by our consultants, and guarantee 100% satisfaction.
Full-Service Options: We do our document preparation services in house, providing our customers with consistent professional service, quality, and quick turnaround.
Streamlined Process: We prepare your documents in a timely manner, allowing you to receive your services within 10-15 days after receiving all necessary documents.
Complementing Services: We offer a variety of services, including payroll, bookkeeping, tax preparation and more all for an affordable price!
Experienced Staff: We have gained an exceptional amount of experience in document preparation due to our low-prices, allowing you to be prepared for audits, annual reporting, fund-leveraging and financial planning. We are experts when it comes to filing for businesses.
Long-Term Relationship: Because we offer many services, our goal is to WIN our clients with great pricing and fanatical customer service to enable a long-term relationship.
In light of the above discussion, we can easily see that any future growth of your small business enterprise will be largely dependent on acquiring a business certification. However, going through all the legal formalities can be a time consuming and difficult task.
This is the part where BryteBridge comes into the picture. Our highly skilled consultants have years of experience in fulfilling all the requirements for your business certification. And we can also help you to apply for highly lucrative contracts once you have received your coveted certificate.
Feel free to call us to learn more about the certification process at 1-401-857-9002. We are here to help, and eager to help you will all your certification needs.