Why Government Contracting
Federal, State and Local Governments offer businesses like yours the opportunity to sell billions of dollars worth of products and services. The rule of thumb is that the government buys everything that ordinary people buy, only in gigantic quantities. Many agencies require that procurements be set aside for Small and Emerging Businesses just like yours. The benefits of government contracting include:
Dependable Monthly Income
- Becoming a contractor for the U.S. Government guarantees lucrative, ongoing revenue to your business. A stable cash flow enables a business to develop marketing budgets, hire staff and grow their business intelligently. Reoccurring monthly business generated from government contracts can also hedge against months that are slow. In fact, many contracts have continuous 3-5 year contract terms.
Strengthen Your Client Portfolio
– Listing government agencies on your portfolio, or using them for a testimonial makes your company more attractive to clients across the board, private or public. A high profile is an effective marketing and advertising tool.
Increase Your Company’s Value
– Government contracts make your company more valuable when it comes time to apply for a business loan or line of credit.
The Odds Of Winning Are In Your Favor!
- While going toe to toe with major corporations may seem intimidating, the odds are actually tipped in your favor! Many government contracts are set aside for small or minority owned companies.
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