There are many good reasons for contracting with the government. It may not be
the most profitable business, but it can be a great opportunity for you that
other buyers may not be able to provide:
You get paid regularly from this client. Government contracting allows
businesses, many small and mid-sized businesses, to have a bevy of profitable,
long term contracts. For example, many Federal Government contracts have
continuous contract terms for three to five years. This provides a long term
steady cash flow with decent profit margins.
Your client won't move away, run away and hide, and not pay their bills.
The high profile your company achieves as a result of Government Contracts is a
good advertising tool for your firm.
Government contracting can make your business grow fast. Companies currently
involved in government contracting started out with smaller contracts and
worked their way into larger and larger contract awards. Begin to prepare your
company today for long term growth in the expanding Federal Government
marketplace.
The government is literally seeking vendors in all avenues of business. Whatever
service or product your company provides, the government is seeking it.
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