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 most important step is the first; you should thoroughly evaluate whether your business is ready for government contracting and determine whether there is a market for your product or service within the federal government. This can be accomplished through several websites and online databases, including the Federal Procurement Data System (FPDS), FebBizOpps (FBO), USASpending.gov, and Dynamic Small Business Search (DSBS).
Next, you will need to complete the paperwork necessary to register as a federal contractor. Yes, this will include getting a DUNS number and submitting your System for Award Manangement, or SAM registration. However, there are also optional registrations you shouldn't neglect just because they're not required. If your business is a small business according to the SBA, it would be wise to complete your DSBS profile. If you qualify for set asides or want to do business with particular agencies, you will likely need to complete additional registrations for these as well.
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.
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, the world's largest third party registration firm, has helped thousands of small businesses successfully register to conduct business with the United States federal government. They offer a complete suite of services covering everything from initial SAM registration to GSA registration to marketing. Their clients have included national businesses, major universities, city and state government offices, non profits and other charitable organizations.
The most important step is the first; you should thoroughly evaluate whether your business is ready for government contracting and determine whether there is a market for your product or service within the federal government. This can be accomplished through several websites and online databases, including the Federal Procurement Data System (FPDS), FebBizOpps (FBO), USASpending.gov, and Dynamic Small Business Search (DSBS).
Next, you will need to complete the paperwork necessary to register as a federal contractor. Yes, this will include getting a DUNS number and submitting your System for Award Manangement, or SAM registration. However, there are also optional registrations you shouldn't neglect just because they're not required. If your business is a small business according to the SBA, it would be wise to complete your DSBS profile. If you qualify for set asides or want to do business with particular agencies, you will likely need to complete additional registrations for these as well.
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.
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, the world's largest third party registration firm, has helped thousands of small businesses successfully register to conduct business with the United States federal government. They offer a complete suite of services covering everything from initial SAM registration to GSA registration to marketing. Their clients have included national businesses, major universities, city and state government offices, non profits and other charitable organizations.
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 contracting!. Free reprint available from: Small Businesses Get Government Contracting Boost From Simplified Acquisition Program.
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