There are two components to the answer to this question.
Total Time = Time Taken To Reach Submission Standard + Time In Verification
Time In Verification
To work backwards for a moment, if your B Impact Assessment was ready to submit today (Nov, 2021) it would probably take 6 - 8 months to make it through the verification process. The length of time is due to a) the thorough nature of the review and b) the explosion in numbers of companies applying.
This is assuming your a small to medium sized business.
Time Taken To Reach Submission Standard
How long it takes to reach the 80 points required to submit your assessment for verification is highly contextual. If you have been thinking about and addressing these issues for a while then you may be very close, if not you may be a long way.
In addition to past application is available resource, ongoing intent, whether or not you use help etc.
On average - and it is very much a guideline - most businesses start around 45 - 55 points and take about 12 - 18 months to reach the standard.
Total Time
On average, total time can therefore take about 18 - 24 months.
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