The Small Business Advantage In Federal Contracting

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

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 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

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