Attention MWBEs: The Procurement Department Can’t Find You!
{3:25 minutes to read} Yesterday, I spent the entire day chasing down an opportunity for a professional service that I found on a prime contractor’s website that I thought would be a good fit for one of my clients. The problem was that the date had already passed to apply for …
Read MoreHow to Get Paid As a Subcontractor
It has been my experience that subcontracting can be an excellent way for MWBE firms to increase market share while gaining valuable experience and past performance that is often required to do business with government agencies and large corporations. That said, when I suggest subcontracting to my clients, I am …
Read MoreShould You Consider Sub-Contracting?
Well, the easy answer is of course! How else can you effectively take advantage of MWBE subcontracting goals on government contracts? So many of us are reluctant to subcontract because of either a bad experience we’ve had ourselves or rumors about the pitfalls of subcontracting. As a subcontractor on a …
Read MoreWhy are you bidding on Projects You Are NEVER Going to Win?
Here is a simple tip about doing business with the government. Government agencies are risk adverse – they are not going to take a chance on companies that don’t have a proven track record of experience with contracts/projects of similar size, scope and complexity. Similarly, government agencies will not do …
Read More5 Tips for Leveraging Your MWBE Certification for a Strong 4th Quarter
With the official end of summer behind us, there are only a few short weeks left until the end of the year. Let’s also not forget there are also several holidays coming up. So, the action you take now will have significant impact on your 4th quarter sales, and possibility …
Read MoreNYS MWBE Program is Targeting Professional Services
Would it surprise you to know that 53% of New York State’s overall spending is on professional services? Well, it’s true – New York State spends more on professional services than any other category and there lots of opportunities for small MWBE firms. In fact, NYS recently announced a new …
Read MoreMWBE SUCCESS TIP: How to Identify Your Target Audience
If you are like many small, minority and women owned businesses you may be reluctant to defining a niche market for business or limiting yourself to going after contracts of a certain size and scope. Many business owners feel that by carving out a target client profile that they may …
Read MoreMWBE SUCCESS TIP: SURROUND YOURSELF WITH THE RIGHT PEOPLE
You may find this hard to believe, I did at first, but if you want to really grow and take your business to the next level, you can’t do it alone. You need support and you need help. The key decision for MWBE firms is where do we get help …
Read MoreHOW TO DEVELOP AN EFFECTIVE COST ESTIMATING STRATEGY FOR GOVERNMENT BIDS
The basis for developing an effective cost estimating strategy starts with a good business plan. A well thought out business plan will force you to consider key elements that are the foundation of cost estimating that includes cash flow projections, budgets, profit margins and sales goals. In my opinion, it …
Read MoreMWBE SUCCESS TIP: BE CLEAR ABOUT YOUR CAPACITY
I remember years ago when I first got certified as a minority and woman owned business enterprise (MWBE), I was so excited; I literally thought the sky was the limit. I remember downloading various lists of buyers and sending out several mailings announcing my certification and providing an overview of …
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