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.
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.
In order to help small businesses take advantage of these strategies, US Federal Contractor Registration has introduced their 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. 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.
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.
In order to help small businesses take advantage of these strategies, US Federal Contractor Registration has introduced their 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. 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, federal 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!. This article, Ensure Government Contracting Success With The Simplified Acquisition Program is available for free reprint.
