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.
The very first thing businesses should do is evaluate their readiness for government contracting and the government's needs for their products or services. There are several resources that should be utilized in researching where your business fits in the federal market, including the Federal Procurement Data System (FPDS), FebBizOpps (FBO), USASpending.gov, and Dynamic Small Business Search (DSBS).
The next step is completing all required registrations, as well as those that are optional but can give you an edge. You may already be aware that you need a DUNS number and will need to complete System for Award Management registration, or SAM, but there may be other registrations you're less aware of that can help you win contract awards. If your business is considered small by the SBA, don't forget to register in the DSBS, as this is where many contracting officers look for small businesses to award contracts to. Also, depending on your company's demographics, there may be other registrations you should complete, such as VetBiz.
The last step to ensure success is to build your marketing strategy. The most effective way to market to government buyers is a two part approach: research upcoming projects and network with purchasing officers. Many vendors skip this step, expecting that all they need to do is register and contracts will come rolling in. Unfortunately, vendors who make this assumption rarely win contracts and waste valuable time, money and resources while they wait.
Recognizing the importance of this strategy, US Federal Contractor Registration has developed their Simplified Acquisition Program. By combining proven strategies with expert training, this program has helped generate millions of dollars in contract awards for small businesses. The Simplified Acquisition Program takes advantage of the simplified acquisition threshold and procedures laid out by Federal Acquisition Regulation Part 13. US Federal Contractor Registration's program includes everything a vendor needs to start winning contracts as quickly as possible.
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.
The very first thing businesses should do is evaluate their readiness for government contracting and the government's needs for their products or services. There are several resources that should be utilized in researching where your business fits in the federal market, including the Federal Procurement Data System (FPDS), FebBizOpps (FBO), USASpending.gov, and Dynamic Small Business Search (DSBS).
The next step is completing all required registrations, as well as those that are optional but can give you an edge. You may already be aware that you need a DUNS number and will need to complete System for Award Management registration, or SAM, but there may be other registrations you're less aware of that can help you win contract awards. If your business is considered small by the SBA, don't forget to register in the DSBS, as this is where many contracting officers look for small businesses to award contracts to. Also, depending on your company's demographics, there may be other registrations you should complete, such as VetBiz.
The last step to ensure success is to build your marketing strategy. The most effective way to market to government buyers is a two part approach: research upcoming projects and network with purchasing officers. Many vendors skip this step, expecting that all they need to do is register and contracts will come rolling in. Unfortunately, vendors who make this assumption rarely win contracts and waste valuable time, money and resources while they wait.
Recognizing the importance of this strategy, US Federal Contractor Registration has developed their Simplified Acquisition Program. By combining proven strategies with expert training, this program has helped generate millions of dollars in contract awards for small businesses. The Simplified Acquisition Program takes advantage of the simplified acquisition threshold and procedures laid out by Federal Acquisition Regulation Part 13. US Federal Contractor Registration's program includes everything a vendor needs to start winning contracts as quickly as possible.
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 registration assistance, contractor support and effective 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 contracting!
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