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

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...
 
Fortify your business with Customer Experience Management
Published by James Blee on February 22nd 2012 | Business
Keeping your customers glued to your services is an art that requires patience to master....
 
How Commercial Lenders Can help Your small business
Published by Jonathan Latimer on February 16th 2012 | Business
Commercial lenders that permit you to apply loans online would make it more handy for you to create ...
 
Orvia Helping you take the journey of your business
Published by Ashish Pandey on January 30th 2012 | Business
It is the companies such as Orvia that can help you in getting the right business advice as well as ...
 
Gurgaon calling for your business
Published by Atul Sharma on April 12th 2012 | Business
The write up is based on the real estate properties available in Gurgaon. It talks about how you can...
 
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...
 
Add spark to your business with proper Racking and Floorings
Published by Maloufsaus on August 9th 2012 | Business
Want to own optimal storage solution? Cantilever Racking is your answer and is here to stay. Perfect...
 
Why business has to be environment friendly?
Published by Greenbusiness on July 11th 2012 | Business
For a business world, Strategic sustainability consulting is of a paramount importance these days as...
 
Enhance your business with online marketing agency Sydney
Published by Marketingspace on June 14th 2012 | Business
A business may be small or big, but there comes a time when it is required by the business owner’s...
 
Commercial shade structures for business use
Published by Canberra Marketing on December 4th 2011 | Business
Commercial shade structures can be highly beneficial to any business organisation operating in the ...
 
Outsourcing Payroll management services for small business in Delhi NCR
Published by Webin Lee on March 6th 2012 | Business
It is cheap to outsource the Accounting and Payroll services from the payroll management company rat...
 
Stay away from the Alliance Group Scam comments made by unethical business opponents
Published by James Blee on December 27th 2011 | Business
The Alliance Group Inc is actually a major organization that makes a speciality of customizing its c...
 
Voice broadcasting services enhance your business prospects
Published by Snooozy on February 7th 2012 | Business

Voice Broadcasting defines a telephonic message which can be sent to hundred or thousands of peo...
 
Having free classifieds websites to promote the business
Published by Ashish Pandey on March 22nd 2012 | Business
The free classifieds are the ones which can become one of the effective ways to promote a business, ...
 
Considerations when choosing telephone systems for a business
Published by Jesse Wallace on May 17th 2012 | Business
How to choose a suitable office phone system.
...
 
Web design- tool for success in business!!
Published by Sudhanshusnv on February 29th 2012 | Business
A professional web design firm is a great investment for any business. There is a great chance that ...
 
Affordable SEO Services to help your business progress
Published by Tammi Hogan on December 16th 2011 | Business
Where to find affordable SEO services, and how to choose the best deals....
 
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,...
 
WordPress Development- Right way to give your business online visibility
Published by Veenawad on April 18th 2012 | Business
This article is all about how to gain visibility for your online business and create good websites w...
 
Business Telephone Systems: the nerve center of your business
Published by John Kumar on December 17th 2011 | Business
A telephone system as commonly understood represents the service that is provided by telephone compa...