Myths and facts about Government Contracts

 You've probably heard so many times already that there are small business government contracts that you can take advantage of. You've either received this piece of information from a government contract consultant or fellow business owners. Still, despite hearing news about this, you've done nothing.



What Happens when you Don’t Take any Step

Well, many organizations don't take heed of possibilities for nailing small business government contracts because they believe they are not big enough for the government to even have time for them. They feel so small as compared to Fortune 500 companies. They feel that the government will not waste time on them - they are too small a speck in the business industry that they don't deserve the government's attention.

Or, these entities think that government contracts for small businesses are impossible to land on because they don't have a multitude of staff - and no one is dedicated to making contracts for the federal government.

Well, let's get it straight right away. If you are convinced about the above-mentioned myths, then you definitely will not land on small business government contracts. What you need, however, is a little piece of information. And, to get rid of all these you can have a government contract consultant.



The Facts & Figures

The government allocates 39% of its spending to small businesses. Further, let it be known that its regular federal spending is over $1.3 trillion! Now, that makes your government the biggest customer in the entire world - and the one with the highest purchasing power!

If you are worried that the Big Boys of Wall Street will take away your business, then be happy to know that they cannot in any way affect this part of government spending. This is because this percentage (39%) is dedicated solely for small-scale businesses. Therefore, it means that there is an allocated percentage for big players, and there's another percentage for small-scale business. If this piece of information doesn't keep you on high spirits, then who know what will?  Government contracting  tips can guide you through this.

What the Statistics Reveal

A government contract consultant comes to aid in order to get the right kind of guidance.   In 2008, small businesses received only 29% of the total allocation for government spending because many did not grab the opportunity. As such, only a few ones were able to land on some remarkable small business government contracts. But this year, the count of entities register to a whopping 19,658 - all of them averaging contracts worth more than $25,000. However, a government contracts consultant can help you decide how to go about it.

Final Thoughts

With all these pieces of information presented, don't you want to be one of the over 19,000 businesses who have grabbed the opportunity? Well, the obvious answer is YES. It is perhaps the best business 




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