Disadvantaged Business Enterprise or DBE is a program under the Department of Transportation and all its satellite offices. The program was created and designed to give an even playing field and competition for many small businesses, especially those classified as minority and woman-owned. By using this program, the transportation departments (both state and federal) hopes that small businesses will increase their participation in providing their products and services in the line of highway, airport and transit construction as well as design industries.
The Disadvantaged Business Enterprise program is available at both federal and state level. Small businesses with a background or niche in transport are the best candidates for this program. The rewards are good since the department (state and federal) allocates a lot of money in transpiration budgets. In addition, small businesses have the option to provide their services or products to the state transportation department or to the larger federal government. Choosing either option is a great opportunity.
An aspiring business can apply to the program should follow the rules and the requirements. The first important qualification deals with the business owner. The business must be owned by any member of a minority group or woman-owned. A minority disadvantaged business should have an owner who is classified as an African American, Native American, Hispanic, Asian-Pacific, Asian-Indian Americans or any individuals that the Small Business Administration (SBA) considers as a disadvantage under the 8(a) program. In terms of certifying small business as disadvantage, businesses will have to self-certify. They will be called as small disadvantaged business (SDB). To qualify, the busin...
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...–owned or women-owned business participating can sustain itself from profit obtained from its procurement activities. Small business can participate either as a prime contractor or subcontractor depending on the contents of the contracts. In both cases, the business gain profits and experience in procurement - something that can be a big asset for the business sin the coming years.
The Disadvantaged Business Enterprise is one great program to bring equality to business, especially those who really need it. Aside from giving opportunities, the program benefits the government in terms of its transportation performance and satisfaction from the citizens who use transportation in a state or even in the whole country. It’s a way of giving back or paying it forward – a great business arrangement that benefits everybody and a definite win-win situation for both parties.
As the Reconstruction Era ended, the United States became the up and coming world power. The Spanish-American war was in full swing, and the First World War was well on its way. As a result of the open-door policy, England, Germany, France, Russia, and eventually Japan experienced rapid industrial growth; the United States decided to pursue a foreign policy because of both self- interest and idealism. According to the documents, Economic self- interest, rather than idealism was more significant in driving American foreign policy from 1895 to 1920 because the United States wanted to protect their foreign trade, property and their access to recourses. While the documents also show that Nationalistic thought (idealism) was also crucial in driving American foreign policy, economic Self- interest prevailed.
...y expand their sales base by having smaller businesses sell their products where it would be economical unfeasible for them to set up a branch. Practitioners such as bankers can provide support in the form of soft money to new businesses such as partial grants which do not have to be paid off until the business reached a certain size or level of profitability. (Disabilitymeansbusiness.com 2013)
As I walked through the snow with aching, raw feet, the blood, making a trail behind me, I soon began to realize how Valley Forge and this whole war in it’s entirety was driving me to the point where I wanted to quit. It was the winter of 1777 and the American Army was forced to set up camp 18 miles outside of Philadelphia, we called it Valley Forge. The question that keeps popping up in my mind while I sit miserably in my hut is, am I going to re-enlist? I am not going to re-enlist for 3 reasons; death and illness, harsh conditions, and the lack of support and supplies.
Throughout Europe in the fifteenth, sixteenth, seventeenth, and eighteenth centuries, nations were filled with poor and less fortunate individuals. While the nobles of countries such as France and England ruled their lands, many forgot about the underprivileged that roamed the city streets begging for alms. As a result, the opinions towards these lower class people were very differentiated. However, three main opinions stood out. All in all, the views of the poor in fifteenth – eighteenth century Europe included those who believed individuals should help the poor because it is the right thing to do, those who believed individuals should help the poor for God, and those who believed the poor were just idlers
According to the U.S. Census Bureau, nearly forty-seven percent of all businesses employ fewer than ten employees. Small business is a vitally imperative to our nation’s well-being. Small business is responsible for creating the majority of our new jobs, employing nearly half of the American’s private workforce, and providing half of our country’s private non-farm gross domestic product (SBA 2009). Regardless of your politics, since President Barack Obama took office in 2008, an immense degree of emphasis has been placed on small business. Some of the emphasis has been positive while other parts have been negative.
WIBO is a private non-profit organization whose mission is to empower minority small business owners and entrepreneurs located in underserved communities to be able to start, operate and build successful businesses (WIBO, n.da). Moreover, by creating successful businesses these small business owners and entrepreneurs will develop economic power and provide jobs in their underserved communities (WIBO, n.da). WIBO’s goal is to increase the financial success of small businesses in underserved communities WIBO annually serves 1,500 entrepreneurs per year and is managed by four staff member who manage workshops, volunteers and support functions (Workshop, n.db). WIBO does not have objectives
If the federal government support the small business financially, this may result in more prospurity, and co9vergae of clinical shortage . It is important to assign deligates to persuave some banks to l begin accepting applications from financial institutions who are interested in becoming Community Advantage lenders. It is essential to lobby the government to join thousands of partnerships , and focus on health,, education and welfare. The role will be more effective if we expand the partnership globally. global funding. Global funding can be significant in building program targeting HIV/AIDS, malaria and tuberculosis that are high risk from these diseases. Our focus should be focused on human development and not on energy development.
... However, if American society continues to use discriminatory practices, and cut back on affirmative action programs we will lose access to this resource. Therefore, it is in the interest of every American to foster the growth of African-American entrepreneurship by, opening lines of credit, doing away with old-boy networks, and increasing educational opportunities.
...by preventing access to potential places of employment and to positive network influences. Therefore, to solve the growing problem of jobless poverty the government should look towards developing mixed-use developments without strict zoning laws and increasing the public transportation infrastructures in cities.
...own to Business: A Blueprint for Creating and Supporting Entrepreneurial Opportunities for Individuals with Disabilities. Washington, DC: PCEPD, 2000. (ED 450 525)
There are over 28 million small locally owned businesses in the United States and 70 % of these businesses are owned and operated by a single person. Owning a small business is not an easy task it takes hard work and dedication, Steve Jobs once said “you need a lot of passion for what you’re doing because it’s so hard”, people don’t realize
A small business are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation. there are many different types of small business such as convenience store, small grocery stores, bakeries, or delicatessens. There are many different typed of ways of starting a business. There are also many types of advantages and disadvantage. (webopedia.com). In today’s world, you will
The definition of a sole proprietorship is essentially a business that is run by one person and owned by that person as well. Specifically, a sole proprietorship is separated from the other business entities because of the specific the legal dynamics between the business and the owner of the business. Moreover, because of this factor, sole proprietorships are usually easy to both form, maintain as well as dissolve if need be. In a New York Times article, the authors expressed that small businesses are typically sole proprietorships and as such, this is why it was selected as the business entity (1). Furthermore, the aforementioned reasons allowed for a rather rapid decision on the basis that with this entity, there is an ability of the owner to run it how they see fit.
This paper examines the legal aspects of procurement management and specifically how procurement management can be used as an effective tool for the overall management of a project. This paper focuses on the basics of common contract laws, the basics of agency law, the Uniform Commercial Code (UCC), and some aspects of that pertaining to the Federal Acquisition Regulations (FAR). A summation of the company’s position in relation to a given supplier (provided the company decides not to procure all of the material in a contract) will be examined along with how that position is strengthened by understanding the legal aspects of procurement management. Finally, the paper will analyze how the project manager is supported by the contract management function. Fleming (2003) posited that there is a clear and important distinction that should be made that delineates the work of the project from the inside work of the company.
- It encourages job creation and local economic development through the support of small businesses in surrounding communities.