Day: October 26, 2023

Figuring out whether your company is a small business based on SBA’s standards and guidelines can be confusing, as there are many different aspects to consider. Small businesses are determined using annual receipts, number of full time employees, and NAICS Codes.

You may check your eligibility by clicking below.

Twenty three percent of ALL Federal Contracts are set aside for Certified Small Businesses every year.

Having a Federal Small Business Certification is an easy way to boost the chances of your business being selected for contracts and/or grants from the government.

Acquiring a Federal Small Business Certification allows for the completion of a business’ Dynamic Small Business Search (DSBS) profile, which is what government entities use to select businesses for their contracts.

Additionally, having the certification allows for your business to be awarded a “No Bid Contract” less than or equal to $25,000 through simplified acquisition procedures, as well as contracts less than or equal to $150,000. Seventy percent of contracts worth $150,000 or less are awarded this way.

If you’d like to check your eligibility as a Small Business, click below!