Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Business Support for the Women Ventures

By Bill Parkar Subscribe to RSS | April 4th 2012 | Views:
loading
 
  



Being a woman if you are looking forward to establish your own business to the most competitive federal marketplace, it is advisable that you get some knowledge about the federal business support plans those are solely meant to support the businesses owned and operated solely by the women entrepreneurs. US federal government agencies provide grants for the women owned ventures in the name of WOSB or Women Owned Small Business Certification.

Recognizing the potential of women entrepreneurs in running a business the US federal government has developed a number of Women Business Certification programs to support their essential needs. Basic objective of the federal agencies is to uplift the standard of state economy by supporting the Women-Owned Small Business companies. So, being a women entrepreneur it is always to take a look at the advantages available to the grants and the eligibility criteria of the programs before getting started with the application process.

Considering the end result of the WOSB grant you can say that no other business development program can drive the growth of women businesses like the federal women owned business certification do. However, being a woman entrepreneur you should not expect to get funded immediately being certified by the SBA; the application process is pretty lengthy as most of the government processes are. Also the eligibility criteria of this certification program are stringent and an applicant has to meet them perfectly in order to obtain the certification successfully. To the very first place an applicant has to be above 18 years of age and a US citizen to apply for the program. Besides, apart from various other legal papers and documents the applicants have to submit their tax return and financial statements of the recent years.

Here you must keep the fact in mind that an 8(m) certification can never guarantee your business success; rather, it brings you the opportunities. Now, as far the advantages are concerned the US grants for the women owned small business companies are not only meant for funding assistance but also help the companies to obtain the SBA tax relief and various other small business loans backed by the US Government agencies for women at a considerably lower interest rate. That is the reason why you must make your concept clear about the program before making a final deal.

While applying for the WOSB certification program you need to submit the business plan to the authority. As per agency standard, at least 51% of the business has to be owned and operated by the women. As there are separate program for the minority owned businesses, if you are a woman and belong to the minority class, you should mention any one of the eligibility status in order to avoid the application hassles. The fact is, one time rejection of the application will make you ineligible for the next six years. That is the reason why you need to be careful enough to meet the eligibility issues perfectly.

So, while you are planning to obtain a woman owned business certification, make a research online about the eligibility criteria and details of the application process first. In case, you find it difficult to understand the program details, it is advisable that you hire a professional consultant who can make your way a lot smoother by providing constant support and guidance.

Bill Parkar - About Author:
Bill Parkar is a professional internet marketer. To know more about wosb, Women Owned Business or Women Owned Small Business Certification visit womanownedsmallbusiness.net

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/business-support-for-the-women-ventures.htm

Related Business Articles Subscribe to RSS

Three valuable guidelines for flower business
Published by Loo821ql on January 10th 2012 | Business
Do you love seeing flowers in a well and beautifully arranged manner?...
 
Printing service: Helps get your business going
Published by Robert Samuels on January 2nd 2012 | Business
There has been an increasing demand for printed items. And this demand is not restricted only for bu...
 
The right way to expand your business
Published by Meghnath Kumar on July 2nd 2012 | Business
The beanstalk call answering services have employed the qualified, skilled and highly professional v...
 
Buy Aluminum Flagpoles for residential and business purposes
Published by James Blee on May 24th 2012 | Business
Purchasing a flagpole requires some special thought, particularly when you think of the reality that...
 
Sound Headquarters is a South-African sound hire business with a crystal clear service
Published by Mary Porter on July 25th 2012 | Business
Sound Headquarters is a South African based business with its roots in the entertainment industry. O...
 
Enhance your business productivity with Supply Chain Management
Published by Shawn Dsouza on August 6th 2012 | Business
The concept of supply chain must be clear before understanding anything about Supply Chain Managemen...
 
Could Pavement Signs help to advertise your business?
Published by Mary Porter on June 29th 2012 | Business
It is essential for any bar, restaurant, shop or other retail outlet to stand out from the crowd on ...
 
Effective communication creates good business
Published by Hipolit Jan on December 14th 2011 | Business
Advertising firms has to continually propel public relations to be live in the market and of course ...
 
Business Gas the main supply of power to business
Published by Ashish Pandey on January 21st 2012 | Business
The business gas prices are very important for the running of a business, but it must also be inside...
 
Web promotion through online business directories
Published by Bizy Globe on December 1st 2011 | Business
BizyGlobe, is a business directories which can give you information about any type of business or bu...
 
Need for business electricity
Published by Ashish Pandey on January 21st 2012 | Business
Business electricity needs should be properly fulfilled within a restricted business electricity pri...
 
Hiring external payroll services for you business
Published by Payroll1 on July 23rd 2012 | Business
The payroll is one of the principle sections of a business. It is the chief segment of an organizati...
 
Bring your online business a Magento Expert
Published by Terrypa Sencio on February 5th 2012 | Business
In fact this product is quiet fun and easy when you try it out using the demo.An area of this produc...
 
There is a ton of kitchen equipment that you can take advantage of if you would like to create a catering business
Published by Adair Sawyer on May 17th 2012 | Business
So you are already starting to realize that you want to pursue the catering business. You think that...
 
Importance of document legalization for smooth business transaction abroad
Published by Petesampras on November 25th 2011 | Business
Document legalization is mandatory for a range of documents like power of attorney, articles of inco...
 
Limited company advantages: the greatest defense for a business owner
Published by Crowin Smith on February 13th 2012 | Business
The business laws that govern the world of business have to be understood properly before taking fur...
 
The importance of business attorneys
Published by Blossom Dana on November 25th 2011 | Business
No matter how talented someone is in his field, many times a business fails due to legal issues. A C...
 
Using online video for business in 2012
Published by Ashish Pandey on January 2nd 2012 | Business
If you are looking forward to the best corporate and video production company, then you can surely t...
 
Hosting Discount Coupons for easy start of online business
Published by Ashish Pandey on May 14th 2012 | Business
The hosting discount coupons can be an easy way to start your business. You can use these coupons an...
 
Imagine Ink is able to offer you sound sales promotion activities for your business
Published by Mary Porter on July 5th 2012 | Business
Are your sales lagging in these tough economic times and you’re intent on running an effective sal...