WOSB ownership hub
WOSB Ownership Guide for LLC Applicants
Ownership is more than a percentage on one page. For an LLC, the governing documents, amendments, voting rights, transfer terms, and economic rights should support a clear and current ownership structure.
Topic cluster
Ownership basics
Start with the core ownership requirement and common consistency checks.
Is 51% woman ownership enough?
Understand why ownership percentage and control must be reviewed together.
Read guideOwnership percentage conflicts
Resolve differing percentages across agreements, amendments, and application information.
Read guideWOSB ownership and control
See how ownership and control fit together in an LLC.
Read guideProof of U.S. citizenship
Review SBA’s published citizenship-document guidance for qualifying owners.
Read guideTopic cluster
Ownership restrictions and transfers
Review provisions that can condition or redirect ownership rights.
Transfer restrictions
Review consent requirements, rights of first refusal, and ownership conditions.
Read guideBuy-sell agreements
Review options, mandatory sales, and purchase rights that may affect ownership.
Read guideOperating Agreement amendments
Make sure current ownership changes are supported by the full amendment history.
Read guideSpouse ownership and voting rights
Focus on actual legal rights rather than family relationship alone.
Read guideUse official SBA guidance as the source of truth
CertPreflight provides educational preparation guidance and document preflight checks. It does not determine eligibility or provide legal advice.