Federal Processing Registry-An Analysis

The federal government does not pass-out grants for debt reduction or family bail-outs, but it does award literally billions of dollars in contracts every year. And the federal government remains by far the nation’s largest employer. You can run your own business, prospering by becoming a government contractor. If you have been laid-off, furloughed, or downsized out of a well-paid managerial position in corporate America, take a very long analytic and strategic look at America’s largest businesses and contractors, searching for a place where you might start a business almost guaranteed to thrive. Keep in mind that, in addition to being one of the world’s largest employers and one of the nation’s leading venture capitalists, the government stands out as by far the nation’s largest consumer. A host of successful entrepreneurs very strongly believe that, in the United States, the best way to start a successful business is to become a government contractor. If it works for Boeing and Lockheed, it ought to work for you.Checkout FederalProcessingRegistry for more info.

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Follow the logical series of steps–one, two, three. First, search the one-stop headquarters for government contractors-Federal Business Opportunities on the internet, or “fbo.gov.” There, you will learn how quickly and easily you can register as a government contractor, and you will discover how, during the registration process, you may earn some preference in the bidding process: If you are a veteran of the armed forces, or if yours is a minority- or woman-owned business, you earn a privileged place in line. Second, secure a business license in your city or county, paying a small fee. Then, return to the internet and start bidding on contract opportunities. Build your business with regular and relentless bidding.

Develop your specialty or niche market in sync with the government’s needs. Think of the Economic Recovery Act of 2009, also known as “the stimulus package” as “the mother lode of contracting opportunities.” Right now, you will see the effects of the economic stimulus in action: Even a cursory look at the listings will reveal the number of contracts up for bid among environmental contractors-also known as “landscapers”; that same glance will highlight how many projects are available for minority-owned general contracting businesses. One contractor wisely observed, “A smart African-American or Latino contractor could keep his employees busy for the rest of their lives when he won just one of these contracts. And how far would that one contract go toward reducing several families’ debts?” With a little imagination and innovation, you can develop your own economic stimulus by becoming a government contractor.

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