There are many policy changes that are occurring that will impact small businesses doing business with or trying to do business with the federal government. There are six key areas highlighted here that you can read about in an article that I have linked you to in Washington Technology. Part of the path to success is to make sure that you and your leadership team are informed! Take a look…
Small business always come with their own challenges, pitfalls, and struggles, but a small business that is trying to do business with the federal government can experience completely new difficulties that are very different than those they faced solely in the commercial sector. These difficulties can vary depending on what industry your company is in, the current economic condition, and your financial capacity to manage and grow contracts. Though they vary, in conversations I have had lately with small business owners I have found frustration over their inability to establish financial lines of credit and attain loans to grow their businesses in order to support federal projects. This seems to be a common problem among small businesses and can be a great hindrance to their success with a federal or any contract.
Have you experienced difficulty establishing a line of credit and receiving loans? Let GOVtips know! Post in the… Continue reading →
As more businesses, especially small, are looking for more opportunities in a shrinking economy the world of federal contracts are looking more and more appealing. The maze of small business certifications can be very confusing. When you add to the mix terminology that gets into the daily conversations that are incorrect, you have the perfect storm of confusion in a marketplace that can already be a challenge for the new comers. Make a point of understanding the difference between the uses of the term ‘set aside’ versus ‘sole source’ in federal procurement. People have the tendency to use the term set aside thinking and meaning sole source. A set-aside means that the government can determine that there are enough of one type of companies…let’s say for example ‘small’ to be able to ‘set aside’ a requirement for only small businesses to compete for that work. It does not mean that… Continue reading →
Welcome to the GOVtips blog. I have set this up so businesses who are interested in sharing their experience in doing business with the federal government can post their lessons learned to be shared with others. We are looking for your thoughts and ideas on how the process can be made better for the good of all.
April 19, 2010
RICHMOND – Virginia Governor Bob McDonnell today announced the members of the Governor’s Economic Development and Jobs Creation Commission created by the his Executive Order Number One, issued moments after he took the Oath of Office on January 16th. Keeping in mind the unprecedented economic difficulties facing Virginia families and businesses, the highest unemployment rate in decades and the ever increasing competiveness of the global economy, the Commission will work to put forth bold and innovative ideas addressing these significant challenges. The Commission is scheduled to have its first meeting in May, and will complete its initial report to the Governor by October 16, 2010. Lieutenant Governor Bill Bolling, who serves as Virginia’s first-ever Chief Jobs Creation Officer, and Bob Sledd, the Governor’s Senior Economic Advisor, will serve as Co-Chairs of the Commission. Read More…