Saturday, October 9, 2010

Getting Government Contracts, Small Businesses' Huge Opportunities



Today, companies that are small-scale have opportunities that are so big that their owners could either be unaware of them or simply doubtful to look at it since they're too good to be true. To most of the small business owners, they think they may be lowly contractors and unimportant that the government will just waste their time on them. They believe that the oh-so powerful government won't spare them a short time to check out their proposals so make business together.

However, these are all crooked beliefs - those founded on nothing but air. The truth is, there's a specific amount that the government assigns from its day-to-day expenses for small businesses. It is proof enough that getting government contracts is definately a brilliant idea. In fact, you are on the verge of doing business with largest customer in the world: the federal government.

You might ask what are these opportunities available are to suit your needs. There's actually a lot. About 3,600 entities in your city, that's what size the federal government is. Forestry department, CIA, and fire agency are among the few units to start. This means there are so many units in the government you could penetrate and provide your products and services to. So there is actually no problem in getting government contracts.

The Facts

The biggest customer in the world is the federal government. And this isn't just because they've got 3,600 agents in the city in approximate. But a cause of this is also of that amount they can consume on a yearly basis.

Here are some figures the International Association of US Government Contractors has reported:

* $530 billion - amount of regular federal spending

* $787 billion - stimulus spending

$1.3 trillion - overall expenses on goods and services

The numbers presented above should be good enough to inspire you in getting government contracts. But there's more, actually! There's one more piece of information that you should know. The federal government allocates 39% of these trillions for small enterprises like yours. They are providing you the chance to work with them without having to be worried about competing with the big boys.

Despite the big opportunity, most of the small businesses aren't aware of this. Thus, you'll find only 2% small business registries. Such a small number! And lots of opportunities in getting government contracts are being put to waste.

In closing, it's important that you explore your opportunities with the government. After all, they are the largest customer the world's got to offer. There are many companyopportunities for you here. Have yourself registered through the government first. You simply need to be aware of tricks of getting government contracts. After getting armed with this, reaping a hefty profit will not be a problem and you won't have troubles in transforming your small business to a large one!

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