| | The 8(a) BD program is one of several small business programs administered by the U.S. Small Business Administration (SBA) created to help small businesses gain access to the federal marketplace. These small business programs also help the federal government achieve its small business and subcontracting goals (i.e 23% of all federal government contracting dollars to small businesses, and 5% to small disadvantaged businesses). |
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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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