In today’s unpredictable economic climate, small business owners are continually seeking avenues to ensure stability and foster growth. One such promising path is government contracting. Engaging in government contracts can provide a consistent revenue stream, even when the private sector experiences downturns. With the right guidance, navigating the complexities of the government marketplace becomes a […]
It’s time to prep! As a government contractor, you’re likely aware that the federal fiscal year concludes on September 30th. This final quarter, spanning July through September, is renowned for a surge in government spending—a phenomenon often dubbed the “fourth quarter spending spree.” Agencies rush to allocate their remaining budgets, presenting a wealth of opportunities […]
Government contracting can be a lucrative opportunity for businesses of all sizes. With billions of dollars awarded annually, the federal government is one of the largest buyers of goods and services in the world. However, breaking into the government marketplace can feel overwhelming, especially for newcomers. The good news? Not all government contracts are created […]
With a myriad of opportunities available, it’s crucial to determine which contracts align best with your business’s capabilities and strategic goals. One effective tool to streamline this decision-making process is the SWOT analysis—a structured method that evaluates your company’s Strengths, Weaknesses, Opportunities, and Threats. By leveraging SWOT analysis, you can quickly assess whether a government […]
If you’re a business owner in the government contracting space, you’ve probably heard the phrase “timing is everything.” But what does that really mean when it comes to winning government contracts? Is there a “perfect” time to approach government buyers? The answer is yes—and it’s when your business is running like a well-oiled machine. Let’s […]
When it comes to government contracting, many businesses focus solely on proposal writing, scrambling to meet deadlines for opportunities posted on platforms like SAM.gov or GSA eBuy. While submitting proposals is part of the process, it’s not the key to sustained success in the government marketplace. In fact, it’s far from it. The real secret […]
If you’ve ever wondered whether government contracting is a viable opportunity for your small business, the answer has never been clearer: yes! The Small Business Administration (SBA) recently announced that small businesses were awarded a record-breaking $183 billion in federal contracts during Fiscal Year 2024. This monumental achievement represents 28.8% of all federal contracting dollars […]
In government contracting, success isn’t just about what you do; it’s about how well you communicate what you do. When your business has a unique offering that meets a critical government need, you’re already on the path to securing contracts. But knowing how to effectively position, market, and communicate that offering is just as essential […]
Subcontracting is one of the best ways to build your reputation and past performance in the government contracting ecosystem. Prime contractors rely on subcontractors to deliver specialized expertise, fill capability gaps, and meet contractual requirements. Similarly, subcontractors depend on prime contractors for opportunities and mentorship to grow their government business. For small businesses looking to […]
From Soldier to Entrepreneur: A Veteran’s Path to Government Contracting Success Welcome to another in-depth recap of our FedBiz’5 podcast! This week, host Bobby Testa spoke with Lee Gilliard, a U.S. Army veteran, real estate expert, and founder of Bennu Contracting Services. Lee shared his inspiring journey into entrepreneurship, his vision for government contracting, and […]