Understanding Service-Disabled Veteran-Owned Small Businesses (SDVOSBs)
What is an SDVOSB? A Service-Disabled Veteran-Owned Small Business (SDVOSB) is defined as a business that is at least 51% owned and controlled by one or more service-disabled veterans. These owners must also actively manage the day-to-day operations of the business and be responsible for long-term strategic decisions. The classification of an...