BUS505 Assignment 1
October 27, 2013
CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have cited any sources from which I used data, ideas, or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course.
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Grade on assignment: __________
Describe the Business
I am a small business owner. In fact, the business is a service-disabled veteran-owned business. I qualify as a service-disabled veteran-owned business as the Department of Veteran Affairs has determined that I have a service-connected disability after my six years of service, and I own over 51% of my business (SBA, 2013).
My business produces prosthetic limbs for amputees. The prosthetic limbs are made specifically to fit the veteran. The recent Iraq and Afghanistan wars have left many service members in need of prostheses. Additionally, the aging veteran population is also in need of prostheses due to diabetes and other long-term diseases.
Federal Government Procurement Opportunity
The Department of Veteranss Affairs develops medical contracts to supply prosthetics to veterans. The Department of Veterans Affairs has contracts with various companies, such as Morfey Limbs and Braces, to provide prosthetic limbs. Many of these companies are large and are not certified with the Small Business Administration, but the Department of Veteran Affairs is charged, nationally, with having 10% of their contracts be with service-disabled veteran-owned businesses (Fiscal Year, 2013). My business can help the Department of Veterans Affairs meet their goal of 10%.
The Department of Veterans Affairs