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How Your Business Can Be Fully Fledged To A Certified DBE Firm

By Steven Smith


In the contemporary society, there are many different forms of prejudice and discrimination. The partakers of these irrational and unethical behaviors are very alert to do them in disguise, even though the results still reflect an element of discrimination. To curb this problem and create some social and economic uniformity, the DBE program has been introduced. There are however some requirements that must be met before creating a certified DBE firm.

Through this program, the concerned groups are offered some relief from the struggles of a society. The government has set up some stipulations which must be followed to ensure the concerned people are favored and given the suitable atmosphere for the businesses they are involved in. This for as long as they abide by the set requirements for them.

To qualify for this certification, it is necessary for the applicants to meet the set requirements. They must all belong to the socially disadvantaged groups or more than fifty percent of the members. If they belong to this group, it shows they are genuinely in need of a certification and the resultant operation in the field. Therefore, all the applicants should ensure they comply with this requirement.

For them to get permitted and given the go-ahead, they must have a profit-oriented plan. The business they are planning to venture in should be aimed at making profits for them and the economy at large. The requirements require the firm to be in line to generate the suitable profits which will in some way boost the economy as required. The program does not support nonprofit proposals.

The size of a company is as well looked into. It is required to be at some low level, not so big for this program. Usually, they aim at supporting an operation that is only beginning and which has a promising appeal for more and more progress. If it exceeds some set limit of magnitude and overall net worth, then it is not considered for this plan but rather sidelined.

The business should be in the sole control of the people by themselves. They must be well-organized in a manner that they can perfectly run their own business. More so, they should be ones in ownership of all the assets available in the company. There should be no any level whatsoever of interference from an outside force or factor, for instance, support by another firm.

The business should have qualified people behind it. The particular field should be familiar with them. They must have professionals who are equipped to perfectly carry out the process and make it as effective and productive as possible. The program does not invest in a plan that seems to go wrong after some time due to lack of the requisite skills and professionalism.

Finally, the applicants and the other concerned members are required to have licenses for the different areas. The property they have should have the suitable deeds for ownership, they should have bonding in place and as well have accredited personnel in the different professional fields they need to run. If they meet all these needs, then the certification is duly granted.




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