Government contracting has helped millions of businesses increase their bottom line and secure financial stability during uncertain economic times. Becoming a successful vendor to the federal government requires a significant investment of time and resources. Mismanaging your strategy can be devastating to any business, but small businesses are especially vulnerable due to their limited resources. Thankfully, there are a number of steps business owners can follow to increase their odds of success and efficiently utilize their resources.
Before taking any other steps, businesses need to look inward and determine whether they are ready for federal contracting. It is also helpful to research the federal government's need for the products and services the business produces. There are many online resources to help accomplish this, including the Federal Procurement Data System (FPDS), FebBizOpps (FBO), USASpending.gov, and Dynamic Small Business Search (DSBS).
Next, the business will need to register in all appropriate federal databases. While you may already know about the System for Award Management, or SAM, this is not the only place you should be registered. Before you even start your SAM registration, you'll need to obtain a DUNS number. If your business is considered small according to SBA standards, you will also want to include your information in the DSBS. Depending upon what set asides you may qualify for, what industry you're in and which agencies you'll be targeting, you may need to register on several other websites as well.
Finally, you'll need to develop an effective marketing strategy. The best strategy will include a combination of researching upcoming projects and opportunities as well as making purchasing officers aware of your company's offerings. It's easy for vendors to overlook this step, but it is the most important step in becoming a successful government contractor and skipping it is one of the top reasons why most businesses never win a single contract.
By taking advantage of these strategies and simplified acquisition procedures described in FAR Part 13, US Federal Contractor Registration has introduced the Simplified Acquisition Program. The program combines proven strategies with expert training and has generated millions of dollars in contract awards for small businesses new to federal contracting.
US Federal Contractor Registration provides business owners with all of the necessary materials to start winning these available simplified acquisition contracts. With the government spending over $400 billion every year, there are countless government contracts that can be won utilizing a US Federal Contractor Registration Simplified Acquisition Program.
Before taking any other steps, businesses need to look inward and determine whether they are ready for federal contracting. It is also helpful to research the federal government's need for the products and services the business produces. There are many online resources to help accomplish this, including the Federal Procurement Data System (FPDS), FebBizOpps (FBO), USASpending.gov, and Dynamic Small Business Search (DSBS).
Next, the business will need to register in all appropriate federal databases. While you may already know about the System for Award Management, or SAM, this is not the only place you should be registered. Before you even start your SAM registration, you'll need to obtain a DUNS number. If your business is considered small according to SBA standards, you will also want to include your information in the DSBS. Depending upon what set asides you may qualify for, what industry you're in and which agencies you'll be targeting, you may need to register on several other websites as well.
Finally, you'll need to develop an effective marketing strategy. The best strategy will include a combination of researching upcoming projects and opportunities as well as making purchasing officers aware of your company's offerings. It's easy for vendors to overlook this step, but it is the most important step in becoming a successful government contractor and skipping it is one of the top reasons why most businesses never win a single contract.
By taking advantage of these strategies and simplified acquisition procedures described in FAR Part 13, US Federal Contractor Registration has introduced the Simplified Acquisition Program. The program combines proven strategies with expert training and has generated millions of dollars in contract awards for small businesses new to federal contracting.
US Federal Contractor Registration provides business owners with all of the necessary materials to start winning these available simplified acquisition contracts. With the government spending over $400 billion every year, there are countless government contracts that can be won utilizing a US Federal Contractor Registration Simplified Acquisition Program.
About the Author:
US Federal Contractor Registration provides SAM registration assistance, contractor support and professional marketing services to small businesses nationwide. Contact the Contractor Helpline today for more information about how the Simplified Acquisition Program can help your business succeed in the federal marketplace!. Also published at The Simplified Acquisition Program Provides Specialized Federal Contractor Training For Small Businesses.
No comments:
Post a Comment