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Can a Small Business really hope to compete for federal government contracts? The Federal Government is required to reward a certain amount of its contract to small businesses. In fact, last year the Federal government awarded 25% of its contracts to small businesses. In 2018 the U.S. Small Business Administration announced that the Federal government… Continue reading Opportunities In Federal Contracting For Small Businesses

Small Businesses Are Given Special Consideration When It Comes To Government Contracts 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 federal government is required to set aside at… Continue reading Government Contracting Tips For Veterans

What Is Government Contracting? Government contracting is when specific government agencies contract with private companies for specific goods or services. The agencies usually put out a contract or often a request for proposal (RFP) and various companies can place bids for the project. Once an agency selects a particular business, a contract is signed, and… Continue reading The Pros And Cons Of Being A Government Contractor

What is a Government Grant? A government grant is a financial award given by the federal, state or local government authority for a beneficial project of some sort. It is effectively a gift: It does not include technical assistance or other financial assistance, such as a loan or loan guarantee, an interest rate subsidy, direct… Continue reading Small Business Guide To Government Grants

Can a Small Business really hope to compete for federal government contracts? The Federal Government is required to reward a certain amount of its contract to small businesses. In fact, last year the Federal government awarded 25% of its contracts to small businesses. In 2018 the U.S. Small Business Administration announced that the Federal government… Continue reading How To Obtain Your First Federal Contract- Part 1

Be Prepared For Dynamic Changes We can all agree that 2020 was a year of unprecedented changes. The good news is that the  United States Government will be marching forward and this means that government contractors will always be in high demand. However, there are going to be certain rules and regulations that are going… Continue reading Government Contracting Strategies For Small Businesses – Part 1

Remember Registration With The SAM Directory Is The Vital First Step 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 directory. The government will not hire any type of business (large or small) that has not registered in SAM. … Continue reading How To Master Government Presentations For Small Businesses

The most important decision when starting a business is deciding what type of business entity best suits your needs. The business entity you choose can have serious consequences regarding liability and taxation. This article will help you better understand your options by comparing two of the most popular choices. What is a business entity? One… Continue reading Which is the best business for you, corporation or LLC?

The recent COVID-19 pandemic has literally turned the world upside down. Many people have lost or been furloughed from their jobs. There is high anxiety all around. This Is A Great Moment For Reflection It is never easy to lose your job or sense of security. However, this can be a great blessing in disguise… Continue reading Small Business Guide To Economic Stability During Tough Times

Being a government contractor can be extremely lucrative. However, you should have a strong understanding of government procedures and processes. We will name some things that all contractors should be aware of in order to be successful.  Contracting Officers  The Federal Government always conducts any kind of procurement business through contracting officers. These contracting officers have… Continue reading Recommendations On How To Work With The Government