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Business Government Contracts
The federal government is the largest buyer of goods and services in the country. While the government does award business government contracts to large companies, they encourage small businesses to bid on contracts, as well. In some cases, federal agencies are required to establish percentage goals, which specify that a certain amount of their spending must be done with small businesses.
As a small business owner, getting business government contracts is a good way to grow your company. The main challenge you will face is finding and securing these opportunities. One way to get your foot in the door of government contracting is to subcontract for larger companies that already have an established relationship with the government. This would require smart networking with key contacts in your industry.
Another option is to submit a profile of your business to databases used by federal agencies to find contractors. To do this, you need to register your business with the Central Contractor Registration website. You can also apply directly for inclusion in the database of contracting opportunities at the FedBizOpps: Federal Business Opportunities website.
A lot of additional information on business government contracts is available on Business.com. Use the links on this page to get more information about government contracting opportunities.
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