Best Government Contracting Business to Start with Little Money
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- Опубликовано: 17 июл 2024
- Do you want your own business but don’t know what kind of business to start? This is FedAccess and I help startups and small businesses grow with government money. This video reveals the best businesses to start now, even if you have little money and are working from home.
#smallbusinessideas #entrepreneur #governmentcontracting
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❓ QUESTION - Have a question about federal government contracting, how to become a government contractor, how to sell your product or service to the government, how to get certified and win small business set-aside contracts, how to find federal contract opportunities, and how to win government contracts for your small business? Post in the comments section of this video and I’ll respond as quickly as possible.
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Any use of other media is fair-use only. I am not a CPA or attorney and the information provided in these videos should not be construed or relied on as tax, financial, or legal advice. This video is designed for entertainment purposes only
Hi there, I have a question, I'm forming my LLC on incfile to get started in government contracts, but I don't know what industry to choose. I want to perform the middleman strategy and bid on all different types of contracts in every industry. What's your recommendation? Thank you for your help. 🙏🏼
My recommendation is to start by finding your target customers and focusing on an area where you have experience. Watch this video for more:
ruclips.net/video/UvccvosHChM/видео.html
Knowledge is what holds back most of us.
Thank you! Great video and easy to follow. I’m leaning in this direction so this info definitely helpful
Thank you for the info provided, very simplified and direct. Keep it flowing, please.
Your video tutorials are great! Thank you!
I love all of your videos... you explain things with so much detail and clarity relating to the mindset of most people desiring to enter this exciting concept of doing business with the government. Thank you for your greatness!!!!
Thank you. I like when you said “start with what you enjoy doing” and you said “your experience and skills” YES. Fantastic advice👍🏼
Thank You for the motivation!
This is so helpful!! Thank you for all that you share and provide! Love Your Channel! Please keep it up!
Thank you for the kind words. Happy New Year!
You are the bomb, once again you hit the home run with this video, thank you
You keep making my day!
This information was very helpful. I'm looking forward to seeing more of your video to gain additional information on moving my home base Notary Business forward.
Great video, thank you so much!
Awesome video! Thank you for posting such informative content. My struggles revolve around how to structure the Capability Statement for a new startup with no past Performance
Awesome video thank you!
Great info. Thanks
Great video! I believe lack of information in this area is what’s holding me back.
this was extremely helpful.. thank you so much. This helps me get off to a good start.
I'm so glad!
This video is very helpful. Thank you
Great contains. Well done!
I love it, thank you so much ;0
This info is very helpful!
Yes, very helpful. Will start bidding soon
Thank you for these great videos! I would love to see your take on the capacities statement.
Great suggestion! Will do!
Great information
Extremely helpful!
Great info 👍🏾
Great Vlog.. Very Informative
There is a huge fear of success in my mind. I'm working little by little with information you put out. Very thankful for ur work. I'm a veteran and I know the potential for the government set asides program. Security Services sounds very appealing.
Security services is a great idea! Post any questions you have as you move through the process!
Great information for someone like me looking to start doing business with the government.
Great video with very helpful information. Thanks a million! Subscribed!
Great! I'm glad you found me!
Great video. I’m learning so much. Your knowledge is much appreciated.
Great! Glad to hear it!
And your video is very encouraging and invigorating!
Thanks!
knowledge is holding me back, but I'm about to binge watch your channel and learn how to bid
Great video: so easy to follow! I loved learning that I could be a gov’t subcontractor and use the previous contractor’s crew 🤭. My obstacles for getting government contracts are that I dread red tape, most of my time currently is spent learning how to build my start up business and getting training at the same time, and I have no start up money right now. Other than that, I’m confident within the year I’ll get over these issues and get a government contract of some sort, probably in Professional Services. Thanks for sharing! Sincerely, a RUclips University student. 🙋🏽♀️💲
Sounds like you're off to a great start. Be aware that government contracting involves excessive amounts of paperwork. So you should think about who is going to do all that paperwork. Owners either do it themselves, or bring in a trusted partner or employee. Good luck! Report back and let me know how it's going!
Did you ever get a contract?
This was so helpful and informative with actual direction. Thank you.. liked n subscribed! Mentor ship and connections are holding me back unfortunately. Not having the resources upfront. #scary
Keep going! Start attending events, meeting people, and building relationships! Let me know how it goes.
Thanks for the information!
Glad it was helpful!
Thank you for simplicity of your delivery. Great Job!!!
Thank you so much. I appreciate the feedback!
@@FedAccess could you reach out to me I would like some guidance from a potential mentor
Very helpful info. My biggest hurdle is my own over-thinking. I doubt my ability to be able to find contracts or have employees to fulfill contracts I bid on. No worries. I am working to overcome my fears and step in faith. Thank you for your video!
Very helpful. I am getting started now.
Great video! I have dreamed of starting a business my entire life. Now that i have learned about government contracting I'm much more hopeful that my dream can become a reality. Living in a very small rural town my ideas would never work, due to where I live. I love that how you explain in depth everything that many don't know when they are first learning of this opportunity, like myself. I look forward to learning more of how to get started from your videos.
You are amazing. Thanks for everything you do.
So nice of you!
Its very helpful thank you
she just gave us some free game! Thank you so much 🥳
Indeed she did.
Thanks for sharing your knowledge in this video
My pleasure!
It was helpful
I need to decide what industry I want to go in!
Also learn the steps to implement
Glad it was helpful. Check out my other videos to get an overview of the steps involved.
You have a great channel, I have access to valuable information here.
I'm glad you found it helpful!
Very helpful
I appreciate how you get right to it without trying to sell something. I worry about my wellness/ fitness. I could surely start a biz but i need a fit that takes into account that im up and down. I have medical issues and need alot of rest and also, my nice can wear off. Teamwork is also not one of my strongpoints. Im a loaner and work best on the move, in the field with a partner. I want to succeed but dont want any false starts if possible. I subscribed and also appreciate that you are a mature woman as you may be🙂
Sounds like you have really good insights into your strengths, and areas where you may need to partner. Thanks for subscribing!
Hi my name is Latonja Snow knowing what to do.
This is great Information. Am going to used. it this all new to me
Great! I'm glad it was useful!
Great info
Glad it was helpful!
I think the biggest challenge , learning how to create the proposal and bidding on the contract.
thanks for the feedback. I should do a video on that!
@@FedAccess That would be awesome from your perspective!!
I agree!
Agreed 👍
That's what keeps me from trying. ☹
Great video
Thanks! I'm glad you found it helpful!
Great information. I love your videos. Please make a video on how to read an RPF’s.
Have you seen this video: ruclips.net/video/dtN_mzrpvf4/видео.html. It explains how to read an RFP. Today I'm working on a video on how to actually prepare and submit a proposal. I hope you find it helpful.
Fantastic video! My expertise is in the transportation field. I have been in the trucking and logistics industry since 1986. But since I have a detached retina fron six years ago I can’t drive a truck anymore. My issue is capital to fund my startup to get my freight broker business up and running. There are various credintuals needed as well as insurances that have to be purchased before starting. Thanks in advance for your time and your reply.
Thanks for this very helpful and informative video!! I'm just starting and the most challenging things I've run into are: 1. Targeting specific "Codes/Services" that can help me get my foot in the door, 2. Reading all the lingo & understanding the terminology in the Solicitation and 3. Once I've identified a contract I want to pursue, knowing exactly what next steps to take. It's been a learning curve for sure. But I continue to study and learn more. Hopefully, I can land my first contract soon. 👍🏾 Thanks
if you haven't already, watch my video on what to do first: ruclips.net/video/UvccvosHChM/видео.html
Good luck!
Great Videos I've been recently turned onto your site and I am starting a VOSB.
Would it be in your wheelhouse to make a short video of a business plan targeted for gov contracting posing some universal question like who is buying, competition ect... Thing a young entrepreneur should be aware of.
Thanks again keep making videos your helping out alot of people
Great Suggestion! Thanks!
Hi Jose! I am a Small Business advocate working for the DOD ( federal employee) Have you contacted your local PTAC office?
What is holding me back is all the above. I would love to see step by step in depth how to start..from opening an LLC, where to pick, how much I need, etc there is a lot I don't know where to start. Once I get your help. I have a direction I can get the idea and help from you
This as extremely helpful and was a great reminder to myself… that I can do this successfully.
Yes! You can do it yourself!
So many people are doing it. And it's possible for you too!
@@feliciamdupree thanks 🙏🏾
Great information you just gave me wonderful ideal information im sales manager for a staffing service.
Glad it was helpful!
You’re great
Very informative I thank you
Glad it was helpful!
Very informative
Glad it was helpful!
New REALTOR & teacher just trying to find out what my niche is and what I can do with these backgrounds.
Great video and thank you so much! I enjoy searching commercial office/retail space for lease government but I am not a realtor. What services would my search capabilities fall under?
I love this I was wondering the same thing
It’s the knowledge of operating a business for me
This is the first time that I have watched a video of yours and I must say that it was wonderful. I am a veteran trying to start my own business and of course the reason why I have not started is money. I dabble in real estate investing but would also like to try what you are talking about in this video. Any and all help would be greatly appreciated.
Great! Watch my videos to learn the steps involved. You can also get free one-on-one help if you contact your local SBDC. And you can post questions on my individual videos if you have more questions.
Get thought process to go through when just getting started.
My business plan is my hurdle right now. I have to get that drawn up well enough to outline my cost structure, comparative advantages and how I profit , and etc. I have a background in Telecommunications (IT) and would like to do this type of work with Gov. contracting. This video was helpful and the NAICS codes you provided were great. Can you share any more with me ?
IT is a great business. Keep watching videos and learning! If you have specific questions, post them here!
very helpful
Glad it helped!
This was super helpful! Professional /Admin services here! 🙋🏽♀️ I am stuck at understanding the bidding process and what a bid package looks like. I have my DUNS/EIN number but now what to get started bidding and getting contracts? Suggestion on next steps would be super helpful! Thaaaaank you!!! 😊
Its just me as a single member LLC for now but would of course love to eventually grow to have employees.
Thanks for the feedback! I should do a video on that!
I am a Small Business advocate working for the DOD ( federal employee). have you reached out to the local PTAC?
This is sounds great. Im' sure there are other steps involved, could you explain what else we would need to get the ball rolling.
Watch my other videos. Get registered in SAM, meet buyers, search for contract opportunities. Let me know if you have questions as you go through the process.
This is informative. I think what's holding me back is feeling like I lack the skill necessary to get a government contract and manage it successfully to scale.
Hi Shanae! I am a Small Business advocate working for the DOD ( federal employee) Have you considered talking with your local PTAC?
@@usace-omahadistrictsmallbu4553 I haven't but I'm interested
Logistics is what I have a passion for...really want to get in a position where I can transport goods for the government. That way it will open jobs for the economy. Also giving people the opportunity to work for themselves through subcontracting jobs out to small business who are on a journey to entrepreneurship. Of course getting the funds I need to get equipment is the hold up. I am self funding my business from working a fulltime job.
Great information. What’s holding me back is lack of capital and knowledge.
Thanks for the feedback. Keep learning! If you have specific questions, post them and i'll respond, and maybe do a video on the topic.
very very helpful I have experience in the janitorial business and would like to start my own company
That's what I like to hear! Someone who knows what industry they want to be in and has experience in that industry! As you go through the process, post any questions you have on my channel!
I found your channel and it's been nothing short of amazing in terms of the value you bring and quality of presentation of the materials. Thank you! I currently work in marketing/advertising but wouldn't want to limit contract work to just this as it seems like a relatively small area in the contracting world. Specifically within the firm, I deal in team creation, management, and acquisitions. I feel like these traits would carry over to creating teams in other fields, especially related to business. Do you have any initial standout thoughts when it comes to advertising and contract work? Thank you again for the great content!!
I think you're smart to think about your skill set and what areas those skills would transfer to. How about communications? I knew many people who supported the government in communications.
@@FedAccess That makes sense; I'll definitely look into this more! Thank you for sharing your thoughts and insight-they're beyond helpful.
Great video. I want to get into janitorial business
Wow very very helpful. THank you. I used to work compliance for the VA and my mentor was the compliance officer. I just graduated USC with a masters in business and self cert as a disabled vet sb. If i do land a contract, Im hiring my old mentor.
Great! Sounds like you have the tools you need to be successful in this business!
Getting everything I need to grab contracts when the come available
Thanks for the video. What's holding me back? Inexperience as I do not know how to start recruiting/ getting a bid. Do I recruit people first or go ahead and try to get a bid?
I am just starting so the biggest hurdle at this time is lack of information and knowing where to start but this video is helping. I just need to find a mentor to assist me so if you offer those services kindly let me know
Thanks for all your helpful information! You mention some things like painting, janitorial etc. If I want to find people to do the work and play an operations/management role, how would I express that in words, in my proposal, so I conform with any requirements for 51% of the work must be done by my company and then I can subcontract? Is it easy to find service type contracts that don’t have subcontractor limitations? I can see doing the project management and other managerial aspects of a contract, but difficult to scale if you’re personally doing the work (although any contract is really between the gov’t and your company not you personally). Also, if I did hire an employee so they’re part of my company to meet a contract’s requirements is there a best way to go about this? Ultimately, I’d like to handle project management and administrative functions without grabbing a paint brush and trading time for money.
Hello I have a few questions regarding the administrative services/Human Resources contracts (if that’s the correct name of it.)
Let’s say that in a contract there is 50 engineers needed.
1- how to we determine their wage
2- how do we get insurance for them
3- how can we calculate the expenses and costs of the engineers so we can determine what to bid on the contract. And is there any other expenses that I missed?
4- does it work the same with subcontracting for prime contractors?
5- where do I find more information on these specific contracts? Any books or articles recommendation?
As far as I know, you don't need insurance, they need to buy their own! But you can buy your own if you want to!
This was a great video! I'm an IT exec looking into starting a government contracting business. Do you recommend starting a business with a partner or as a sole proprietorship? I've heard there's more competition than ever when it comes to getting contracts. About how long does it take to get your first contract with the government and what is the average size of an IT contract?
There's a lot to running a government contracting business. Many people start with a partner, and each partner focuses on a different aspect of the business. As for how long it takes, if you already have a business and experience, then I would plan on it taking at least a year to land your first government contract.
For me it’s money. Understanding if a business loan is the best way to start. I’m in the security film and architectural window film niche . I know how to manage and do the work just not sure how to get the funds to start up with the right tools
Awesome video, my company is a International Consulting firm, just started this year. Clients awaiting for us u
Are you for Hire? Can you help us ?
i'm not for hire, but i'm happy to answer questions here. What are your questions?
My challenge is knowledge. I have the business, but need help structuring, just everything
Very helpful
I'm experienced in life coaching and speaking. I've been considering doing a pressure washing business and look for contracts for the company would that be profitable in the government. Contract industry?
Hello. Thank you for your great insight regarding Govcon. I have been in the Property & Casualty insurance space for a few years, I don't really have experience in any other field. Is there a way to break in the Govcon dealing with Insurance?
Hello Ms. FedAccess, Thank you for sharing your knowledge with us. To answer one of the three questions. I would like to know how can I find the micro-purchasing contracts?
Best approach is to ask people. This video explains who to talk to: ruclips.net/video/shYhSEvKVf0/видео.html
This was very helpful. I am a Notary, Loan Signing Agent. I am seeking a contract with the government.
I have a number of videos that can help. Check out my video on how to find your customers: ruclips.net/video/_tbgSFpIzas/видео.html
Great information once again. So I have watching every video you have as I get into this space. So far my current question is more about choosing what to do as I set up this government contracting business. My background is in cybersecurity but I yet to obtain any certs. I want to know if I should get certified first in different things before I try and get a contract in the cyber space or pick something else?
I think cybersecurity is a great field to be in. (If i were young and getting started, it's where i'd be!). Pretty much everyone gets started as a subcontractor, so that is always my recommendation for someone starting out. good luck!
@@FedAccess Thank you for the feedback! I'll do some more research and see where I fit in without any certs and learn how to navigate from there as I obtain them. I did get my LLC going its also Veteran owned and women owned as my wife is primary owner but we are both Veterans. Thanks again and I'll be back with more questions.
Knowing what type of business
I’m trying to understand in you example of the engineering contract, will the government manage the employees day to day tasks and review deliverables ( almost as if you are just a staffing agency) or is it more of you being onsite and managing the employees and their work product ( more like a service delivery engagement). I’m trying to figure out how to identify when the contract is the former vs the latter. And if I don’t need to know the technical as you stated I assume there are opportunities in the staffing area. Thanks for the information
hi great content. i want to know more on government goods contracting? im a start up. thank you very much
I'm starting to work on a series of videos that will show how to mine fpds.gov for info. That should help you. Keep watching and learning, and post your questions!
I've been hesitant to start because of lack of knowledge, fear of failure, and start up money.
Great video Kathy! Does FedAccess offer training? I'm trying to learn the government contracting space from the ground up, but between youtube university and trial and error, I feel i'm missing a lot along the way.
I make videos, and I'm happy to answer questions here. What do you think you're missing? Let me know, and maybe I'll make a video on that topic.
My biggest hesitation is knowledge and a bit of guidance wanted. I'm a Veteran that would start a management consulting business.
The video was very informative. I recently obtained a realtor license in NC and its very competitive. Is there an area that I can use that the gov't codes for this type of service?
I'm sure you have skills that the government would have a need for. you can search in USASpending.gov and fpds.gov to see what the government buys.
Very helpful you are awesome what is the steps to reach this next level if your in the restaurant business I also have a Dunn’s number but is kinda lost on moving to the next level need you help please thank and continue too rock you are very helpful.
Glad it was helpful! Most businesses get their start with subcontracting, so you may want to start there. Check out this video: ruclips.net/video/BHx3R6T7PGc/видео.html