Author: Dona Basu

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 Untangling The Best Way To Bid On Government Contract

Special Consideration In many markets, small businesses are often outcompeted by larger organizations that often have access to almost unlimited resources. This set aside actually might increase a small business’s chances of winning a lucrative bid. The following is set as statutory rules to give small businesses a fair chance in the marketplace: 23 percent… Continue reading How Minority-Owned Businesses Can Become Successful Contractors

As a government contractor, being listed in the SAM directory can open up a world of opportunities. The advantages include access to government contracts, which can provide a stable source of income and potential for growth. Additionally, being part of the SAM directory can enhance credibility and trustworthiness in the eyes of potential clients. However,… Continue reading A Small Business Hack To Success

The Federal Government Has Government Personnel That Are Strictly Utilized to Help Small Businesses Be More Competitive In Securing Government Contracts Here are some examples: SBA Procurement Center Representative (PCR): Procurement Center Representatives are often located at a significant government buying office, even though they technically work for the Small Business Administration. They will identify… Continue reading Federal Contracting Tools For Small Business Success

The United States Federal Government The United States government buys many products and services from suppliers who meet certain qualifications. It applies standardized procedures to acquire goods and services. The procedures used by the government can be found in the Federal Acquisition Regulation (FAR). The beginning of the decade is a great time for small… Continue reading How Federal Contracting Can Be Lucrative For Small Businesses

Specifications As of 2001, the United States Federal Government began to utilize Federal Business Opportunities (FedBizOpps) to list all procurement opportunities expected to exceed $25,000. FedBizOpps is how the government communicates its buying specifications to potential contractors.  The specifications are exact for most of the products and services that government agencies buy regularly. Your contract… Continue reading Federal Contracting Procedures For Small Businesses

What Do You Do If The Government Makes A Decision You Disagree With Regarding a Contract? A small business has several remedies that can range from filing a basic protest to actually taking the government to court. First, it is important to understand the basic terminology in order to understand the options available to a… Continue reading When Federal Contracting Decisions Do Not Go Your Way

In the ever-evolving landscape of small businesses, staying ahead of the competition is crucial. As we look into the future, it becomes apparent that new strategies will be necessary to thrive in 2024. One such strategy that holds immense potential is leveraging the power of SAM directories. SAM directories, or Supplier and Asset Management directories,… Continue reading New Strategies For Small Businesses In 2024

In the year 2024, the business landscape is set to witness a significant shift towards inclusivity and diversity. Minority-owned businesses will have an unprecedented opportunity to prosper and thrive in this evolving environment. One key resource that can greatly contribute to their success is the SAM Directory. The SAM Directory, short for System for Award… Continue reading How Minority-Owned Businesses Can Prosper In 2024

As a small business owner, making the New Year lucrative is undoubtedly one of your top priorities. The start of a new year presents an opportunity for growth and success. By implementing effective strategies and developing a solid marketing plan, you can set your small business on the path to prosperity. One key aspect to… Continue reading How Can You Make The New Year Lucrative For Your Small Business