Author: Dona Basu

Websites That Help Your Business Find Contracting Jobs Help is available from special small business programs that encourage participation by small businesses and help these businesses navigate the government contracting maze This includes small businesses owned by minority and traditionally disadvantaged groups. These programs, which are administered by the Small Business Administration (SBA), assist small… Continue reading Federal Construction Contracts Are Fantastic Opportunities For Small Businesses

Finding success in government contracting requires a strategic approach and a deep understanding of the unique dynamics of this sector. With the right knowledge and tactics, businesses can tap into a lucrative market and secure valuable contracts. In this section, we will explore the best practices and strategies that can help you navigate the complexities… Continue reading The Recipe For Small Business Success As A Federal Contractor

Why Women Should Consider Becoming Government Contractors How Do I Know That Being A Government Contractor Is Right For My Company? There is very little certainty in business. Having a powerful client that is known for paying its bills on time, like our Federal Government, is a great asset. Also, many of your competitors might… Continue reading Why Women Should Consider Becoming Government Contractors

Understanding The Marketplace It might at first feel like working for the government is very unpredictable. Contractors can be affected by a variety of factors such as budget cuts, regulatory pressures, change of administration, and stringent accounting rules. However, all marketplaces can be volatile and change rapidly according to the whims of consumers. A company… Continue reading Rules That Will Help Your Small Business Dominate Federal Contracting

The Federal Government Offers Great Opportunities For Many Types Of Businesses The government designates a portion of the contracts for women-owned small businesses, small disadvantaged businesses, companies within historically underutilized business zones (HUBZone), and service-disabled, veteran-owned small organizations. This allows underserved groups to have a real chance to get awarded lucrative government contracts. However, it… Continue reading Key Ways For Small Businesses To Work With The Federal Government

Understanding The Federal Contracting System General Services Administration, also known as GSA, is responsible for acquiring the goods and services needed by federal agencies. The United States government basically needs everything and is a super consumer worth $500 billion dollars. The government uses schedules to purchase goods and services. When there is a need in… Continue reading How To Master Your Federal Contracting Bid

How Do You Get Started Working With The Government? SAM stands for System Award Management. To do any business with the federal government, you must register your business in the System for Award Management. The government will not hire any type of business that has not registered in the SAM directory. We have an article… Continue reading How Government Contracting Can Be An Exciting New World For Small Businesses

Understanding the process of government contracting can be a complex task, but with the right resources and knowledge, it becomes much more manageable. One crucial aspect of this process is familiarizing yourself with the SAM Directory. We will be going through some of the most important things for a Small Business to know. The System… Continue reading The Processes That Make Small Businesses Successful Government Contractors

Where Do You Find Government Contracts For Bidding Search for opportunities at the following SAM.gov. Federal agencies are required to publish all contracts above $25,000 on SAM.gov. This means that there are many contracts advertised there at any given time. Contact a procurement officer for information on contracts below the $25,000 threshold for publishing. Look… Continue reading The Small Business Guide To Crafting A Perfect Bid

Have A Clear Understanding Of The Government’s Accounting Requirements The Financial Accounting Standards Board (FASB) states that contractors must comply with the following to work with the government: Federal Acquisition Regulations (FAR) Cost Accounting Standards FAR agency supplements Understanding Audits Your company should be clear on what the DCAA considers the responsibilities of federal contract… Continue reading Why Small Businesses Need Not Fear Federal Auditing