Posted on Nov 4, 2018
Which is better: a disabled veteran owned business or a minority owned business?
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Creating a consulting group. Ok a service-disabled Veteran, my wife is a non-vet. So who should have 51% of the LLC?
Not looking for contracts like typical contracting. I’m more interested in the soft-touch of which ownership would have the better image? And yes, we will both be equally active in the LLC.
Not looking for contracts like typical contracting. I’m more interested in the soft-touch of which ownership would have the better image? And yes, we will both be equally active in the LLC.
Small Business
Consulting
Intelligence
Analysis
Posted >1 y ago
Responses: 4
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Neither is "better". However, depending on location, DUNS Code, etc. one frequently has better access to Government work. The SB world revolves around "goals". There are goals for everything. WOB, MOB, DVOB, and toss in Hub Zones. So it's a matter of what and where. If the local marketplace is saturated with one type, the contracting agency's SB Coordinator is typically beating the bushes for beans they need to "look good". I spent a lot of time in Government work and noted the pucker factor when stuff wasn't coming up to goals in the last quarter of the FY. So the best resource is the SBA office that services your area. Pick their brains on what your marketplace looks like. BTW being a SB Something doesn't mean you're guaranteed work. Your services, pricing, etc. needs to be in the reasonable range.
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Capt Bob Abbott
I appreciate the response Kevin! We have the work, it’s a matter of doing the LLC since clients want to recommend us out. Great advice and I’ll contact my SBA rep on Monday. Thanks!!
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Minorities and Disabled Veterans are equal in status, Captain. This is my humble opinion, Sir. Capt Bob Abbott If I may add, Sir: Minorities can be Disabled Veterans; and vice versa.
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Capt Bob Abbott
Thanks Margaret, I viewed the two as equivalent as well. I was just unsure if my viewpoint was reflecting my personal bias, hence the question.
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