The Veterans First Buying Authority redefines priorities for contracting preferences within VA, and gives service-disabled veteran-owned small businesses (SDVOSBs) and veteran-owned small businesses (VOSBs) first and second priority, respectively, in satisfying VA’s acquisition requirements. (more…)
BLOG: Veterans First Buying Authority
In our last post we discussed the frequently asked questions or FAQs regarding copyrights and patents. Today, we are going to continue on the topic of protecting your ideas by answering some of the FAQs about trademarks.
Many business owners who are members of the National Guard or Reserves have many things that they need to consider before they deploy. In previous posts we have discussed a few of your options on whether to Sustain or Suspend your business. Here are a few more items to consider and a checklist to help keep you on track.
Most of us have had an idea for a new product or service only to dismiss, postpone, or neglect it. Sometimes we later find that others had the same idea, but took it to market before we did. By that time, it is too late for us to take advantage of the idea. (more…)
The Microloan Program provides very small loans to starting up, newly established, or growing small businesses. Under this program, SBA makes funds available to nonprofit community-based lenders (intermediaries) which, in turn, make loans to eligible borrowers. (more…)
As a new business owner you need to know your federal tax responsibilities. This page provides links to basic federal tax information for people who are starting a business. It also provides useful information for making basic business decisions. The list should not be construed as all-inclusive. Other steps may be appropriate for your specific type of business. (more…)
If you are the victim of a disaster and you rent or own your own home, own your own business, or own a small agricultural cooperative located in a declared disaster area, you may be eligible for financial assistance from the SBA. (more…)
The Federal Acquisition Regulation (FAR) outlines the procedures that contracting officials must use to guide government purchases. It includes the methods listed below, which are used to notify contractors of the goods and services currently being solicited by government agencies. For more information about the FAR, go to http://www.acquisition.gov. (more…)
So far in our “Financing your Business” series, we have covered the questions you should ask yourself before seeking financing, credit factors you should consider, what bankers are looking for, and the financial statements you need to have completed prior to applying for a loan. Now that you understand some of these different factors and you know the type of financing you are going to seek, it’s time to prepare a written loan proposal. (more…)
Many business owners who are members of the National Guard or Reserves make the decision to suspend their business during absences caused by training, mobilization, and deployment. There are many reasons business owners might choose to do so, but oftentimes suspending business is the only viable option, especially when there is no one else with the skill or knowledge to take over while you are gone. For example, artists, craftsmen or even independent truck drivers do not have the option to pass their business on to someone else. (more…)