MoneyMindedMoms: Women-owned Small Businesses (WOSB) , Part 3

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Women-owned Small Businesses (WOSB) , Part 3
Apr 07 2011 08:00 PM | Eva Rosenberg  in Erasing & Managing Your Debt -----
We’ve been following guidance received from Lourdes Martin-Rosa and Amex Open about how to get started getting into the government CCR database.

I’ve been entering my information into the database, to help you understand what problems you will encounter.

One stumbling block from last time was that I used my PO Box address, instead of the street address when setting up my DUNS number. How long did it take Dun and Bradstreet to make the correction?

The following morning an email arrived requesting documentation containing my company name and street address. Once the nice lady received it, she submitted the change instantly. D&B is very responsive.

Being busy with tax season, I didn’t have time to follow through on the process for a while. Last week, I updated the address in the CCR site. The next business day brought a message approving my registration.

If you avoid my errors and do the steps properly in the first place, you can get yourself into the database very quickly.

What next? Register for the FBO.Gov site and activate your vendor profile. Wow. Registration is easy. Now that you’ve taken the first two steps – when you simply enter your DUNS number, it brings up your profile instantly. Fill in the few blanks, setting up your username and password. I suggest you use the same username in all systems, if possible. However, use different passwords on each system.

Once you log in, consider viewing the videos in My FBO before submitting any proposals. Don’t just jump into this. In fact, it would be wise to learn more about the specific opportunities for Women before making any proposals. There are specific procedures that can help women get a leg up on the approval process – if you know how to play the game.

Getting a variety of certifications increases your chances of getting a contract in your field. For instance, one business mentioned in the Amex Open brochure is Crescent Guardian Inc. It has these certifications - 8(a) certified Small Business, a Minority-Owned Business Enterprise, a Women-Owned Minority Business Enterprise and is GSA certified.

Women active in WIPP (Women Impacting Public Policy) not only help improve opportunities for all women – they are also in a position to learn more about new opportunities when they arise.

Explore the opportunities in the database. Click on “Search and Create Saved Searches.” Narrow your search by selecting the Set-Aside codes. Those are projects where money is set-aside for specific groups of small businesses, based on the above certifications. Start with 8(a) and Very Small Business.

Select among all the other choices – and among the NAICS codes listed. Save time. Return to the list of NAICS codes in your own profile. (Simply open a separate window to your FBO profile.)

If your search returns nothing, look through the recent opportunities yourself. You just might find something perfect for you that’s in a category you had not thought of exploring.

The next article will take you further. Meanwhile, feel free to start exploring the website, and start taking some of the free courses.

Eva Rosenberg, EA is the publisher of , where your tax questions are answered. Eva is the author of several books and ebooks, including Small Business Taxes Made Easy. Eva teaches a tax pro course at and other tax courses at teamtaxmama.


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