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The purpose of the 8 (a) business plan is to help the Reduced Business AdministrationThe Reduced Business Administration is a United States government agency that provides support to entrepreneurs and belittled businesses. The charge of the Decreased Business Administration is "to maintain and strengthen the nation's economy by sanctioning the establishment and viability of sm… determine if your company is able of fulfilling regime contracts provided to your company. The SBA 8 (a) business plan too helps determine and outline the objectives and goals for your business.
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Failure to provide an 8a business plan in a timely manner and receive approval can result in early termination by the sba.
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The 8a participant will not be eligible for 8a program benefits, including 8a contracts, until its 8a business plan is approved.
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What are the programs of the Small Business Administration?
8(a) Business Development program All Small Mentor-protege program HUBzone program Natural Resource Sales Assistance program Counseling and help Commercial market representative directory Contracting area directors directory Procurement center representative directory Learning Center Local Assistance Go to Next Section
Is the 1010c a normal business plan?
Not a normal business plan, the 1010c deals with the firm’s developmental objectives while in the 8 (a) program. It is not a standard business plan used to obtain debt financing or to raise other forms of capital.
What should be included in an 8a business plan?
8 (a) Objectives – a professional completing your 1010c will make sure your business objectives and goals are formulated to the SBA to provide additional protection from early graduation.
How to create a business plan for SBA?
Video: An Introduction to SBA Build Your Business Plan Blogs on Starting a Business You are here SBA.gov» Starting & Managing» Managing a Business» Forms» Small Business Forms» 8(a) Business Development Forms» 8(a) Business Plan
Last Update: Oct 2021
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