Guidelines for Establishing a Successful WOSB Joint Venture
2017 should expect nothing less than great advancements by women-owned businesses creating more opportunities for themselves if the history of women in labor and business is any indication of past entrepreneurial challenges that have been overcome. Government contractors are aware of the advantages of being classified as a small company, and even though it is only the third month of the year, there is already a surge in demand from businesses seeking to register as WOSB. Businesses must fulfill some standards to receive the WOSB/EDWOSB classification, including being 51% unconditionally and directly owned by women who are U.S. citizens, holding the top officer position, managing day-to-day operations, and making long-term business choices. The SBA takes small business designations extremely seriously, so make sure your organization satisfies the standards; failing to do so could result in serious consequences. You will be qualified to win any contracts set aside or sole-sourced exclus