| | We are often contacted by individuals and businesses that say they want to get into federal contracting, and the first question we ask is whether they have done their market research to find out if there is in fact a market within the federal space for the products or services they provide. Many times, the answer we get is no and the response is generally accompanied by the question "is that something you guys can do for me?" Market research is a critical first step whether you are operating in the commercial or federal market, and is a task that we recommend business owners do themselves, as it something that must be done on an ongoing basis. To get you started, we are sharing some of the specific resources that we utilize when conducting market research. |
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These days, businesses are always in search of ways to operate more effectively and efficiently, which in turn generally results in increased productivity and profitability. One strategy some companies use to increase their effectiveness and efficiency is to utilize outside contractors to outsource certain functions. For some organizations, it does not make sense to have a full-time employee to do certain tasks in-house and it is more cost effective to utilize a company that specializes in that particular area. Other businesses prefer the convenience of having someone else handle certain aspects of their daily operations. There are also businesses that integrate and utilize outsourcing as a strategic part of their operation.
how do i know if my business is small and able to participate in Federal small business programs?10/12/2016
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