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 The Small Business Advantage In Federal Contracting
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Accounting Tips For Federal Contractors
Government Contracts Can Be Very Lucrative For Small Businesses The United States government issues 500 billion dollars in federal contracts on a yearly basis. They also set aside 23 billion dollars specifically for small businesses. However, many small businesses find the process of winning government contracts daunting and give up before even really trying. Sam… Continue reading Accounting Tips For Federal Contractors
Why Government Contracting is a Good for Small Businesses
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 Why Government Contracting is a Good for Small Businesses
The Different Types of Government Contracts
Why Work For The Government? There are many compelling reasons to work for the Federal Government. We will go into in-depth detail about how a small business can benefit greatly from being a government contractor. Being A Government Contractor Is A Great Way To Make Your Business Stand Out In An Overcrowded Field Business can… Continue reading The Different Types of Government Contracts
The Bidding Process For Government Contracts
The Sam Directory is here to help you understand how your company can gain access to lucrative government contracts. We want to be your guide to making sure your business does not lose out on excellent opportunities. So, now we want to help you navigate the bidding process. Get The Bid Package After you have… Continue reading The Bidding Process For Government Contracts
The Agencies That Have a Need for Government Contractors
After you let SAM Directory help you complete your registration with SAM, you are probably wondering what government agencies are hiring contractors. The good news is that there are hundreds of agencies that have lucrative contracts for your business. Here is a list of a few of the biggest agencies. Department of Energy The Department… Continue reading The Agencies That Have a Need for Government Contractors
Federal Contract Termination-Part 1
Why Work For The Government? There are many compelling reasons to work for the Federal Government. We will go into in-depth detail about how a small business can benefit greatly from being a government contractor. Being A Government Contractor Is A Great Way To Make Your Business Stand Out In An Overcrowded Field Business can… Continue reading Federal Contract Termination-Part 1
Government Contracting Trends for 2020
The beginning of the decade is a great time for small business owners to get their hands on lucrative government contracts. The Small Business Administration has changed the rules on how to measure what qualifies as a small business. The 2018 Small Business Runway Extension Act will increase the period of measuring annual revenue from… Continue reading Government Contracting Trends for 2020
The Advantages and Disadvantages Of Being A Government Contractor
Advantages The United States Government Is A Very Powerful Client With Deep Pockets The Federal government usually spends around 500 billion dollars a year on goods and services. This makes the U.S. government an extremely attractive client. There are few other organizations with this type of spending power and clout. The government also tends to… Continue reading The Advantages and Disadvantages Of Being A Government Contractor
Choosing the Right Business Entity for Your Business
One of your first important decisions 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. What is a business entity? A business entity is a corporation created… Continue reading Choosing the Right Business Entity for Your Business