Hidden Goldmine: What Small Businesses Sell to the Government

Did you know that the US government is one of the biggest customers of small businesses? The government buys all kinds of products and services from small businesses. From administrative services, to IT support, to office supplies, to consulting services, to construction, there's a huge range of opportunities for small businesses to get in on the action. This video answers the question, What does the US government buy from small businesses? So if you're looking to grow your business, or you’re an aspiring entrepreneur, this video is for you.
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❓ QUESTION - Have a question about contracting with the US government, how to become a government contractor, how to sell your product or service to the government, how to get certified and win small business and minority set-aside contracts, how to find federal contract opportunities, how to write a proposal, how to bid on government contracts, and how to win government contracts to grow your business? Post in the comments section of this video.
#governmentcontracting #smallbusiness #entrepreneur
Local Economy, Business Owners, Government Purchases, Small Business Owners, Local Products, Government Supplies, Government Funding, Government Spending, Local Businesses, Government Buyers, Small Business Opportunities, Small Business Development, Small Business Support
DISCLAIMER
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 distributed with the understanding that the authors aren't engaged in rendering legal, financial or other professional services. If a viewer requires expert assistance or legal advice, a competent professional should be consulted. While the authors have endeavored to ensure that this video is timely and accurate, the authors make no representations or warranties with respect to the accuracy or completeness of the contents. The authors specifically disclaim any responsibility for any liability, loss or risk, personal or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this video. This video is designed for entertainment purposes only.
Thanks for watching and joining me on this journey! Let me know in the comments what you would like to learn next.

[@waynecmontgomery]

Great AD !!! You forgot to include military contractors that build ships, planes, bombs, and R&D, they are normally some of the biggest contractors along with firms that get grants from the NSF and NIH which are the largest grant funders. My company provides maritime surveillance and tracking services to the Department of Homeland Security and the DOD. Lockheed Martin gets 80% of its business comes from the federal government.

[@jeffreyjon777]

Thank you. The information has been most helpful.

[@TheMoonlightCraftsman]

I just found your channel. I will be going back and watching every one of your videos. I have to find a way to make the leap from my metal fabrication job to running a small business. I’m not sure if this is a good way to do it, but hope to find out. Thank You

[@mikokun7714]

Thank you for making your guides more basic to understand, im a beginner at all this but i look at some of these contracts & i cant understand any of the terminology, small business's ftw "Distilled" yes thank youuu so much!!! 😢🙏

[@FedAccess]

I have a Playlist called government contacting terms explained. Let me know if there are other contacting terms you'd like help with

[@ehopson14]

I wish she make a book. Some people are just born to teach.

[@jeffhurley756]

Information Technology isn't really an option for small businesses. GWAC's have eliminated opportunities for small businesses to get work with the government. It is no longer the government buyers picking IT partners, it is the primes that win the GWAC opportunities and they do not work with small businesses the way they should. Correct me if I am wrong.

[@FedAccess]

If you google IT GWAC you'll find GWACS that are set aside for small businesses

[@reallee2]

How does someone bid as a small business that's just getting started and is a team of one? Does that hurt chances?

[@FedAccess]

Most people start out with subcontracting/teaming. Check out my video on Subcontracting to learn how this works

[@bronbron8178]

Can I add as many naics codes as I want. if I want to go after contracts as a prime and sub even if they are not connected to my actual business naics under transportation. So basically, I have a transportation/trucking company LLC. But I want to go after contracts that are not transportation. Can I add other naics codes for contracts that I want to go after. Please help! Can I add goods and services or construction services.

[@FedAccess]

You can add as many NAICS codes as you want, but, I think having too many NAICS codes risks confusing potential customers who can't figure out what your company does

[@bronbron8178]

@FedAccess but what if I want to go after janitorial contracts perse, but I'm registered as a trucking company. Can't I just add the janitorial naics and bid on contracts. I want to start out subbing.

[@FedAccess]

Yes, you can add the janitorial NAICS code and bid on janitorial contracts