Products and Services

MBE, WBE & DBE Certification

S&B Business Solutions, Inc., will provide a phone consultation, to assist you in understanding the MBE, WBE or DBE certifying process. Our experts have the knowledge and experience with all applications. We understand the business certification process and requirements, and will help you prepare required documents if you do not have them. We will provide assistance and frequent feedback with your application until a site visit is scheduled for your business. Want to know if you’re eligible for minority owned business certification/women/disadvantaged, complete the short Online Application and one of our experts will provide you a free consultation to discuss you and your business one on one.

Minority Owned Business Enterprise (MBE)
Minority Owned Business Enterprise Certification is a review process verifying a small business is actually owned, controlled, capitalized and operated by a minority owned business. Governmental and Private Sector certifying agencies review the application to verify the entity meets eligibility requirements for that specific certifying program. Minority groups are considered Asian, Black, Hispanic, and East Asian Indian and/or Native American. Some applications require U.S. citizenship or require the applicant to be a permanent resident of the U.S. Ownership for MBE means, the business is at least 51% owned by a minority. If the business is publically owned, at least 51% of the stock is owned by one or more such individuals. Management and daily operations are controlled by minority business owner.

Women Owned Business Enterprise (WBE)
Women Owned Business Enterprise Certification is a review process verifying a small business is actually owned, controlled, capitalized and operated by a women owned business. Governmental and Private Sector certifying agencies review the application to verify the entity meets eligibility requirements for that specific certifying program. Some applications require U.S. citizenship or require the applicant to be a permanent resident of the U.S. Ownership for WBE means the business is at least 51% owned by a woman owned business. If the business is publically owned, at least 51% of the stock is owned by one or more such individuals. Management and daily operations are controlled by women business owner.

Disadvantaged Business Enterprise (DBE)
The U.S. Department of Transportation (US DOT) created the Uniform Disadvantaged Business Enterprise (DBE) program to increase the number of minority and women owned business participation on state procurement projects. Although each state has its own certifying agency, the DBE process is uniform for all states under the guidelines of the US DOT.
To participate in the program, a business must be a for-profit business, must be at least a 51% owned by the socially or economically disadvantaged applicant. If the business is publically owned, at least 51% of the stock is owned by one or more such individuals. Management and daily operations should also be controlled by the socially or economically disadvantaged applicant. Qualifying groups include: African Americans, Hispanics, Native Americans, Asian-Pacific and Subcontinent Asian Americans, and women.

8(a) Business Development Program

The 8(a) Business Development Program was created to assist socially and economically disadvantaged business owners to achieve equal access to procurement opportunities in the American economy. The program provides eligible firms with greater access to the resources they need to grow and develop their businesses. Unlike the other programs, the 8(a) is a developmental program, it totals nine years. Participation is divided into two phases: a four-year developmental stage and a five-year transition stage. A major benefit to businesses pursuing 8(a) certification is that if awarded, they can receive "sole-source" contracts (not exceeding $3 million for goods and services, and $5 million for manufacturing). 

Incorporation/LLC (for profit & Non-Profit, Limited Liability Company)

If you operate your business as an unincorporated sole proprietorship or as a partnership, your ownership in the business means you are liable for all of the business debts. Incorporating your business or forming a Limited Liability Company (LLC) is a great way to protect your personal assets from company liabilities such as creditors or lawsuits. In fact, many people incorporate for this reason alone. Each entity offers distinct tax and business advantages. Choosing the right one depends on the specific needs of your business.

What is a Corporation?
The primary advantage of forming a corporation is that it is a separate legal and tax entity from its owner(s). If you form a corporation, the corporation will grant you shares. As a shareholder, you are not liable for the debts or acts of the corporation as long as you abide by the corporate procedures required by law. There are two types of corporations, S Corporation, which is most frequently used by small businesses (100 or fewer shareholders) or a C corporation (100 or more shareholders).

S Corporation
An "S Corporation" is a standard corporation under the Internal Revenue Service. Typically small business owners elect S corporation status because they are not taxed at the individual and company levels. Income from an S Corporation is not filed under a separate tax return, but instead, the corporation's income or losses are divided among and passed through to its shareholders and are reported on their individual returns. A disadvantage of a S Corporation is that you are limited to 100 or fewer shareholders.

C Corporation
A "C Corporation" is a corporation which is taxed under Subchapter C of the Internal Revenue Code and is the default corporation formed by incorporating. C Corporations can have an unlimited number of shareholders. The death of the shareholders, directors or officers of a corporation has no effect on the existence of the corporation. A corporation must be legally dissolved to terminate. A disadvantage of a C Corporation is that shareholders are taxed twice, once at company level and again personally.

What is a Non-Profit Corporation?
A non-profit corporation is one that does business for the benefit of the general public without a profit motive. Most corporate procedures and state registration requirements are comparable to for-profit corporations. Non-Profit corporations are often charities, service organizations, foundations or endowments.

Most states provide tax benefits to non-profits that are organized to operate exclusively for either a religious, charitable, scientific, public safety, literary, or educational purpose. The Internal Revenue Service must approve the tax-exempt status of all non-profit organizations except churches. Non-Profit contributions are tax deductible. A disadvantage of a non-profit corporation is that it is very closely watched by the IRS because of the tax deductible gifts it receives.

501(c) (3)

After you’ve secured your business as a non-profit in your respective state, consider taking your non-profit to the next level by applying for 501(c) (3) status with the Internal Revenue Service. 501 (c) (3) status is required to receive charitable gifts & donations from other organizations. As a non-profit, 501 (c) (3), you can accept private and public grants/donations while enjoying tax-exempt status. In return your contributors donations are tax-deductible.

Office Management and Proofreading Services

Administrative Support
S&B Business Solutions, Inc, performs administrative duties for all levels of management. Our responsibilities range from screening calls, setting appointments, arranging travel accommodations, creating spreadsheets, creating PowerPoint presentations, word processing, data entry, as well as other negotiated services.

Editing & Proofreading Services
Editing services involves correcting items as well as making suggestions for sentence structure, fragmentation and content. We can add text, remove text as well as correcting text.
When editing your project, we find things in need of correction such as grammatical errors, wrong word usage and typographical errors. Correcting these errors falls under editorial services.

Next-Day................................... $9.99 per page
2-Day.........................................$6.99 per page
3-Day.........................................$5.99 per page
1 Week or more....................... $3.75 per page

Minimum 300 words per page.
 

Fees

Note: Prices may vary on business needs. Retainer Consulting available 3, 6, and 12 month agreements