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

How to find the perfect printing service for prospering your business
Published by Robert Samuels on December 15th 2011 | Business
Read this article to know about the necessity of the printing service providers for making your busi...
 
Accountants for contractors: keep the financial cohesion of your business
Published by Crowin Smith on February 13th 2012 | Business
The business systems that run the economy of the world are completely dependent on the flow of the m...
 
How a merchant cash advance can benefit your business
Published by Merchant Cash on March 29th 2012 | Business
Running a business is a big deal indeed, with the different aspects of business needing different st...
 
Management by Objectives for the growth of business
Published by Annphilip on February 27th 2012 | Business
It was Peter Drucker who introduced and popularized the concept of MBO. The concept gains more popul...
 
Different opportunities for doing online business
Published by Annphilip on March 21st 2012 | Business
Today online businesses are flourishing similar to traditional business. As online business utilizes...
 
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...
 
Promotional products that will work wonders for your business
Published by Drothy on July 21st 2012 | Business
Are you looking for the right kind of advertisement for your business? Then the one stop solution fo...
 
How the pick and pack services can be beneficial to your business
Published by Diego Hall on February 29th 2012 | Business
The fulfilment houses are doing a good job with their pick and pack services. It is a boon for the b...
 
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...
 
Starting a mobile car wash Tampa business
Published by James Blee on April 25th 2012 | Business
The current recession is one of the worst, with people losing jobs in huge numbers. Individuals are ...
 
Grow your business with Commercial Hot Dog Roller Grills
Published by Popcornplaza on April 13th 2012 | Business
A hot dog grill is an additional brilliant selection for your business. These can cook hot dogs and ...
 
The reason why a business needs an online mortgage loan processor
Published by Amitaabh Saboo on December 1st 2011 | Business
The housing market is one that has a lot of competition, and therefore, a small or medium sized comp...
 
Avoiding the down sides Involving Corporate and business Homes
Published by Andrew Sebastian on July 30th 2012 | Business
When you go for a vacation, it would be a good idea for you to save a lot of money by preferring to ...
 
Ups and Downs within CAD industry – Has it affected business?
Published by Macjohn on August 21st 2012 | Business
Auto CAD became so popular that all engineering services was christened under “CAD Services”. Ho...
 
Find business gas prices and save money
Published by Ashish Pandey on December 28th 2011 | Business
Saving money on the business gas can be very beneficial to take off your business. By getting the pr...
 
Best Business Attorney: a requisite for the establishment of any business concern
Published by Bill Keith on April 27th 2012 | Business
The Best Business Attorney helps in the comprehensive juridical process right from the establishment...
 
Business Telephone Systems: the nerve center of your business office telephone systems
Published by John Kumar on December 17th 2011 | Business
Small business telephone systems could possibly be multiline systems in the offices of the small bus...
 
Go for Ecofriendly Printing service for promoting your business
Published by Robert Samuels on February 22nd 2012 | Business
The above content highlights the role of the printing service in our life, particularly in populariz...
 
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 ...
 
New York Phone Numbers - Taking your business to a global level
Published by Alex Christopher on January 23rd 2012 | Business
New York phone numbers have a high value in businesses and if you can get one for your business, the...