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How to Prepare Proposals for Government Contracts |
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Factoring Your Government Accounts Receivables
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Using Government
Contracts to Grow Your Business Every year the U.S. government awards over $480 billion in federal government contracts. The U.S. government has over 1100 government agencies, who purchase 13 million different products and services and $200 billion is mandated for small businesses. For this reason Start-ups and new businesses are encouraged to participate in the Federal
The U.S. Government purchases everything from buttons for military uniforms to spare parts for the U.S. space shuttle. FACT: Less then one percent of all small businesses eligible to participate in government contracting actually bid on government contracts. The opportunities for small businesses is enormous. The U.S. Government is the largest consumer in the world and Government Contracts is one way to keep Americans working. Over 50% of American workers are employed by small businesses. In 2009, it is estimated that $500 billion in federal state and local government contracts will be up for grabs. That is $2 billion awarded each workday. Getting your share of this guaranteed business doesn't happen by accident. Securing government contracts is a recession-proof plan for small business owners. There is an average of 54,000 U.S. government awards each workday for small businesses of all kinds. |
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