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StreetShares Blog - The Resource Center for Veteran Small Businesses

StreetShares Blog

The Resource Center for Veteran Small Businesses

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How to Become Known, Liked, & Trusted in the Federal Marketplace
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Can’t seem to gain traction marketing to the federal government?

Wondering why your federal proposals aren’t winning?

See other contractors that seem to have the inside track on upcoming procurements?

As objective as the federal procurement process is, it is still run by people and relationships still play a large role in how those people view your business.  Taking the time to build relationships with a solid foundation can help your business gain traction in the federal government, earn credibility in proposal evaluations, and gain an inside track on upcoming procurements. 

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4 Secrets to Become a Successful Veteran Government Contractor
| StreetShares Blog

The U.S. Government constantly adjusts and grows as new needs arise with changes in technology and resources. As the nation's largest consumer, the government needs an army of contractors to support its massive consumption requirements. As a result, the benefits available through government contracts are abounding. Veteran contractors are perfect candidates to fill this growing landscape because of your previous employment by the government. You’ve also learned lessons, acquired tools, and made contacts from your military experience that could be valuable in the government contracting space.

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What Separates Top Government Contractors From the Rest?
| StreetShares Blog

By StreetShares on October 24, 2018

Are you looking for a way to expand your business? Government contracts can be very lucrative, offering exposure and the potential for future work. However, they can also be complex to navigate and it helps to know the lay of the land before you start. Let's walk through the best tips from top government contractors that you should know before submitting your first bid. 

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What is Factoring?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

In the world of small business where cash is king, a business’ cash flow is a key indicator of their financial health. For businesses that are facing cash flow issues or problems with slow accounts receivable, there is an alternative solution for finding cash in a pinch that doesn’t involve taking on conventional debt through credit: factoring.

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The First Five Things You Need to Do Before Entering the Federal Market
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates. 

You may have heard the enticing fact that the Federal government spends over $500 billion each year buying goods and services from industries. Competing for a piece of that pie is tempting, especially when you hear that over $100 billion is spent just on small businesses. You may be worried that there has to be some kind of catch though. It can't be that easy to win government contracts and walk away with millions of dollars.

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The Chicken or the Egg of Past Performance
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Stuck in the past performance loop? You can't get federal contracts without past performance, but you can't get past performance because you can't get federal contracts.

How do you break into this cycle?

The first part is understanding why past performance is so important in federal contracting:

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What Government Contractors Need to Know About the 2019 NDAA
| StreetShares Blog

This article is republished with permission from Heather Mims and Centre Law & Consulting. See the original publication of this piece on their website at http://www.centrelawgroup.com/what-government-contractors-need-to-know-about-the-2019-ndaa. The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

On August 13, 2018, President Trump signed the Fiscal Year 2019 National Defense Authorization Act (2019 NDAA), which sets funding levels and outlines policy priorities for the Department of Defense (DoD). The 2019 NDAA allocated $616.9 billion for the DoD’s base budget, $69 billion for overseas contingency operations funding, $8.9 billion for mandatory defense spending, and $21.9 billion for nuclear weapons programs under the Department of Energy.

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Defense Spending is Back: What the National Defense Authorization Act Means For You
| StreetShares Blog

By StreetShares on August 14, 2018

The John S. McCain National Defense Authorization Act was just signed at Fort Drum, NY.  Nearly $717BN in defense spending will soon be making its way through defense agencies -- what does this money mean for national security and where is it all going? Will any of it be making its way through you? StreetShares, Inc. CEO Mark L. Rockefeller recently appeared on Fox News to break it all down.

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Understanding the New SAM.gov Login Process (Step by Step)
| StreetShares Blog

With all of the major changes coming to the System for Award Management (SAM) online login for government contractors, the following has been created to assist in what to do before and after June 29th 2018.

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How Do You Complete a Contract When You Don't Have Any Money?
| StreetShares Blog

By StreetShares on June 18, 2018

When it comes to government contracting, the major issues always seem to come back to money. Like it or not, the world of GovCon revolves around the mighty dollar, and operating costs can be significant. Anyone who’s in the field knows the level of competition for those contracts- and the length organizations will go to secure them.

You’ve done all the vital industry networking, you’ve assembled a team you trust and know can get the job done, and you’ve submitted a winning proposal. Once you win that contract, the next step needs to be securing your funding for the project. After all, it can take anywhere from 30 to 90 days after delivery for the government to pay you. So what happens when you have an abundance of contracts secured, but no funds for payroll, materials, and any other overhead cost that might come into play? You need to secure outside funding. Here are the best options for bolstering your company’s bottom line. 

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