Breaking into the World of Government Contracts: A Comprehensive Guide for Small Businesses
Entering the realm of government contracts presents a tremendous opportunity for small businesses. Yet, the pathway to becoming a government contractor often appears intimidating. This comprehensive guide aims to simplify the steps required…
FEDBIZ’5 PODCAST | EPISODE 44: Contract Command: Mastering Market Research for Government Success
Contract Command: Mastering Market Research for Government Success
Government contracting can be a profitable avenue for businesses looking to expand their operations. However, the process of bidding on contracts can be time-consuming…
How is AI Changing Your Business Development Plans?
Artificial Intelligence (“AI”) will be impacting the way you can reach clients in the future. Generative AI such as ChatGPT refers to technology that can produce outputs such as text, images, or animations based on user inputs.
Generative…
How Much Does Price Matter in Government Contracting?
As a government contractor, one of the most pressing questions remains - How much does price matter? The simple answer is - A LOT, especially when it comes to winning government contracts.
With increased competition and budget constraints,…
Know Contracts or No Contracts: Understanding the Types of Government Contracts
There are several types of government contracts, each requiring a different approach to the bidding process. As a business owner interested in pursuing government contracts, it's essential to understand the different types of contract structures.…
FAR Part 10 Helps to Level the Playing Field for Small Businesses
By ensuring government contracting officials are required to do their market research, FAR Part 10 helps to level the playing field for small businesses by requiring federal agencies to consider the capabilities of small businesses and provide…
Benefits of Being a Women-Owned Business in Government Contracting
In recent years, there has been a significant increase in the number of women-owned businesses that are securing government contracts. This is great news, as it not only promotes gender equality but also stimulates economic growth.
Benefits…
Market Research is Key for Successful Government Contractors
Market research is key for winning government contracts as it helps to understand the market landscape, identify needs and requirements, comply with regulations, develop competitive strategies, mitigate risks, establish pricing strategies,…
FedBiz’5 Podcast | Episode 43: ChatGPT & Artificial Intelligence Impact for Government Contractors
The implications of ChatGPT and AI for the federal contracting industry are significant. By automating time-consuming tasks like proposal development and contract management, contractors can focus on more strategic aspects of their business,…
Top Contract Pricing Strategies for Small Businesses
Government contracts can be a lucrative and steady source of income for small businesses in parallel to their commercial business. However, winning government contracts requires a good understanding of the regulations and pricing strategies…