Small Business Programs That Can Help You Grow
Small business owners struggle to make their businesses grow. A lot of times they do not know about all of the programs that can actually boost their companies into the next tax bracket. If you own and operate a small business you might be wondering just what you can do to take it to the next level. Why not start with these government-sponsored programs? One or more may apply to you, and you are free to apply to every program that applies to you and your small business.
The 8(a) Application
This program is for any company or small business that wants to accomplish three specific goals. Your first goal should be that you want to hire disadvantaged individuals to work in your company or plant. The second goal is that you want government contracts, and you have the products government agencies want. The third goal is that you want to make your company/business grow and reach beyond an annual income of $250,000, something you are not presently achieving on your own. The application is available online at a sba.gov.
The Women's Small Business Owners Program
Women are viewed as economically disadvantaged when it comes to the small business market. As such, the government has developed this program to assist female entrepreneurs and female small business owners increase revenue and make their businesses grow. The program provides lots of financial support and additional resources for women to become business-savvy.
Disabled Veterans' Small Business Program
The government always tries to encourage service-disabled veterans to return to the most functional level of civilian life that they can. As such, they offer disabled veterans this small business program. There is monetary support, business training and education, and physical adaptability support for former soldiers that need it.
Mentor-Protégé Programs
Who better to advise you than someone who is already successful in business? That is exactly the point of a mentor-protégé program, and your chosen and matched mentor helps you with your business all along the way. He or she will advise you what to do next after conducting a thorough assessment of how your business currently operates. He/she is there to make sure you make the best possible decisions and choices for your business, and that you have goals in mind for the future of your company. The government supports this program via funds that back the mentors, which encourages mentors to support you.
For more information about this topic, check out professionals like ARA Consulting, LLC.
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