- What is the Potential for Success or 8a 2 year Waiver Writing Service and who should sign up for this service?
- The Potential for Success/Waiver Writing Service is designed for business concern's
that have been in business for less than 2 years and/or its income tax returns for
each of the two previous tax years do not show operating revenue in its primary
industry (NAICS Code) in which it is seeking 8a Certification.
What is the cost? | How do I Purchase/Sign-up?
What you should expect when you sign up for the Potential for Success or 8a 2 year Waiver Writing Service - Our staff will provide you our proprietary work-package that will assist in the collection of the information needed for us to prepare an acceptable 2 year waiver for your business. We will work one on one with you to ensure your waiver meets the following five conditions:
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Condition 1: The individuals
upon whom eligibility is based must have substantial business management experience.
Condition No. 2: The
applicant firm must demonstrate the technical experience to carry out its business
plan with a substantial likelihood of success.
Condition No. 3: The
applicant firm must have adequate capital to sustain its operation and carry out
its business plan.
Condition No. 4: The
applicant firm must have a record of successful performance on contracts from governmental
or non-governmental sources in its primary industry category.
Condition No. 5: The
applicant firm must have the ability to timely obtain the personnel, facilities,
equipment, and any other requirements needed to perform such contracts.
- Upon completion we shall email you an electronic copy of the completed 2 year waiver
along with all supporting documentation packaged and ready to submit to the SBA
needed to prove that you meet all SBA potential for success criteria.
What is the cost? | How do I Purchase/Sign-up?
- What basic eligibility requirements must I meet to have Potential For Success?
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1. Proof of a minimum of one completed contract and one ongoing contract that clearly shows operating revenues earned in the primary industry (NAICS Code) in which you are seeking 8a Certification.The contracts must meet the following minimum conditions:
a. Show that you billed and received a minimum of a total of $25,000-$50,000.
b. The contracts must be with two different entities and show that not more than 70% of the total operating revenue earned is with one single entity, earned within the last 12 calendar months. Note. the 70% rule does not apply if your direct billable client is a federal, state or local government agency.
2. Copies of paid invoices to support the operating revenue earned from the contracts.
3. Copies of all business bank account statements that prove the operating revenue earned has been deposited in the business bank accounts. In addition, the business must have, in the bank, working capital to support it's ongoing operations for at least 3 months with its current monthly burn-rate. A business line of credit in lieu of not enough liquid working capital may suffice.
5. At least two reference letters from past and current clients directly addressed to the applicant. (We shall provide templates for you to use) -
6. A resume that shows that the Applicant has the requisite managerial and technical skills needed to operate the firm. If licenses or certifications are required by the business the Applicant must be the qualifier and provide proof of such license or certification.
- What is the cost? |
How do I Purchase/Sign-up?
- How long does it take to prepare the Potential for Success or 2 year Waiver?
- Your waiver can be completed in as little as 3 business days.
What is the cost? | How do I Purchase/Sign-up?
- What is the cost for this service and how is it payable?
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- Cloveer Inc accepts major credit cards or you can pay by check.
- Click here for a list of recently certified clients. Full client references are available upon request. Just call or email us.
- How can I purchase or sign-up for the Potential for Success Waiver Service
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