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

Are you looking for new Lifting equipment for your business premises?
Published by Julia Roger on March 28th 2012 | Business
Here at Liftsafe Soltuions we specialise in lifting equipment and our range of lifting equipment is ...
 
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...
 
Choosing Commercial Refrigeration for business premises
Published by Mary Porter on June 16th 2012 | Business
Run a grocery store, café, patisserie or shop that sells food and drink and Commercial Refrigeratio...
 
Having a presence can provide considerable advantages business in Dubai
Published by Tim Robbin on December 28th 2011 | Business
Having a permanent office in Dubai is able offers many advantages in the Middle East. Businessmen o...
 
Yuba City self storage: Founding resource in self storage business
Published by Bestchoice on November 30th 2011 | Business
Yuba City self storage amenities offer services to business enterprise and to domestic customers as ...
 
Free advertisement by Service Uncle for your business only
Published by Uncleservice on April 14th 2012 | Business
Every business needs promotion, according to its services and products in targeting area. There are ...
 
Get all the precision measurement and calibration equipment you need ffor your business all under one roof
Published by Rossbrown Sales on January 17th 2012 | Business
Get all the precision measurement and calibration equipment you need for your business all under one...
 
An HSE Risk Assessment is crucial for any business
Published by Mary Porter on June 16th 2012 | Business
If you are a company with some staff to look after it is essential that you get an HSE risk assessme...
 
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...
 
Does your business premises require Laminating machines?
Published by Mary Porter on June 27th 2012 | Business
If you have ever worked in an office you will understand just how much paper can be produced in a si...
 
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...
 
The effect of current business news on the businessmen
Published by Nidhigupta on July 9th 2012 | Business
India came to be recognised for its business growth and development only in the 90s. And since then,...
 
Business Lawyer and your business
Published by Adli Law on April 5th 2012 | Business
Running business requires you to get assisted by the expert business lawyer. You will be obtaining b...
 
Hypo Venture Capital Headlines: Know the tricks to get business loan despite debt
Published by Hypo Venture on January 14th 2012 | Business
After the recent economic meltdown, many business organizations have incurred insurmountable amount ...
 
Significance of business litigation matters
Published by Adli Law on April 5th 2012 | Business
Running your business smoothly in the market is not possible until you are fully armed with all lega...
 
Important things to consider before buying a business for sale
Published by Herry Smith on February 29th 2012 | Business
Buying a business for sale is a best approach these days as we can’t know if our newly established...
 
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...
 
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 ...
 
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...
 
Compete to Win can provide you with superior business planning London
Published by James Blee on June 16th 2012 | Business
Founded in 1997 Compete to Win is a specialist consultancy that provides assistance in all areas of ...