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The United States Government sets aside contract benefits for companies considered to be "Service-Disabled Veteran-Owned Small Business" (SDVOSB). [1]The most notable of these contracts are the Veterans Government-wide Acquisition Contracts (VETS-GWAC) [2] issued in accordance with Executive Order 13360, [3] which is designed to strengthen federal contracting opportunities for SDVO firms.
HUBZone set-asides are the most frequently used tool to award HUBZone contracts. HUBZone sole source and price preferences were least often used by contracting officers. [5] Progress on HUBZone and all small business contracting rates is available on the government's Small Business Dashboard [6]
The Small Business Act Amendments of 1958 (Pub. L. 85–536, 72 Stat. 384, enacted July 18, 1958) withdrew Title II as part of that act and made it a separate act to be known as the "Small Business Act". Its function was and is to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns".
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
Fabrics retailer Joann has started going-out-of-business sales at some locations after filing for bankruptcy and announcing the closure of hundreds of stores.. The retailer known for selling ...
Franchising is a way for small business owners to benefit from the economies of scale of the big corporation (franchiser). McDonald's and Subway are examples of a franchise. The small business owner can leverage a strong brand name and purchasing power of the larger company while keeping their own investment affordable.
Tens of thousands of federal workers got axed recently. If you're one of them, don't panic. Here's a guide on what to do now.
According to a report from MyPerfectResume, 71% of American workers rely on a secondary source of income for various expenses, including paying off debt, saving for significant life milestones and...