Q1. Is the firm owned 51% or more by a Service-Disabled Veteran (SDV) who has a service-connected disability that has been determined by the Department of Veterans Affairs or Department of Defense?
Q2. Is the firm a small business under the North American Industry Classification System (NAICS) code assigned to its industry? Please review this video if you need help determining if you are a small business or not. MAKE THAT A LINK TO OUR VIDEO ON THAT ISSUE
Q3. Does the Service Disabled Veteran Owner manage the daily operations of the business seeking the certification or in the case of a severely handicapped service disabled veteran their spouse or primary care giver?
Q4. Does the service disabled veteran hold the highest title (or position) in the firm?
Q5. Does the firm have an Operating Agreement / Bylaws that are clean of any control issues by any minority members / shareholders. It is critical that the legal docs are in good order and have no voting, quorum, or control issues from minority owners. (If you are a one owner company you have no issues with this.)
Q6. Does the business owner also own any other companies?
Q6a. Does the Service Disabled Veteran work full time for the applicant company?
Q6b. Are the two companies independent of each other meaning one does not do business with the other?
Q6c. Are the companies independent meaning they don’t sharing any equipment, staff, facilities, or money?
Q7. Does the company have its own office space? Therefore, not sharing any office space, equipment, staff, phone number/system, with any other company?
Q8. Is the company free from debt encumbrance from anyone but a bank or financial institution?
Q9. Does the disabled veteran hold all needed licenses required to run the business?
Q10. Does the disabled vet have a substantial technical and business background in the firm’s industry?