How to Win Government Contracts, Is an 8(a) Accreditation A necessity?

A number of consultancy companies promises to help you on how to win government contracts

. They promise to provide you with the tools required to book yourself a deal with the federal government. After all, it is the biggest client in the world - spending about $1.3 trillion in products and services on an annual basis. However, what is essential is that fact that 39% of that budget is allotted for small businesses. This way, small players will have the chance to make money from the federal government.

Given such a profitable income opportunity, small participants should know how to win government contracts. They should know which route to take in order to get hold of $50,000 to $500,000 federal government contracts

But quite often, these small businesses are uncertain about their chances at getting government contracts. They believe that they need to have an 8(a) certification - that it is one of the surest ways on how to win government contracts. Nevertheless, those who have the access to authentic information about acquiring contracts will say that this certification is not a requirement.

The 8(a) certification is proof that the business owners are socially and economically disadvantaged, but in reality you do not really need this in order to win a government deal. The result of not having to acquire this certification are the following:

Save Time

Yes, by not obtaining an 8(a) certification, you get to have time on your hands. Rather than invest too much time running the necessary papers for the qualification, you can now use this time composing and making proposals to the federal government. You can then take advantage of that time devising strategies on how to win government contracts.

Savings in Costs

Being able to save on finances is one advantage of not having to obtain this certification. If you do decide to get this certification, you will be spending thousands of dollars to government consultants who will take care of your 8(a) application. Therefore, if you choose not to undergo this process you get to save on cash.

Experts suggest that in order to win contracts and profit all one can do is by making proposals to government whenever they can. Once you are able to do that, you can then think about on whether your will get an 8(a) certification or not. After all, only 3% of the 39% allotted for small-scale businesses are dedicated to companies with this kind of certification.

So, before you decide to subject yourself to the trickeries of getting an 8(a) certification, ask yourself first: are you prepared to risk some time and effort just to go for that extra 3%? If you believe it is worth it, then by all means get it. Do not do it in the opposite direction.

In simpler terms, small businesses have the right to make profit from the government. Keep that in mind and when you've mastered the ropes on how to win government contracts you can now say hello to better business and more profit.

How to Win Government Contracts, Is an 8(a) Accreditation A necessity?

By: Chip Ellis

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