Learning about procurement is essential for anyone who wishes to work in the sourcing department of a company. Although procurement is only a sub-area of the sourcing and purchasing process, some people are giving it extra attention and time to make sure that the knowledge and process […]
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Subcontracting in procurement means that a contact is split and provided by two different companies or businesses. A large procurement contract can be delivered by two different companies with proper coordination. Subcontracting is often done by small business companies while the larger part of the contract is […]
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The small businesses in the United States continuously find means to improve their economic status so as to help the country regain its financial footing. It used to be very difficult to start a business because of certain financial and discriminatory issues that the business owners have […]
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Those who have already studied a great degree about government procurement should already know that there are risks involved. The contractors should know the risks like the back of their hands so that they will be able to distinguish a favorable contract from another that is not. […]
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The venture of federal procurement has always been seen as a very enticing one for small businesses. It has never failed to get the attention of those aspiring entrepreneurs who want their companies to gain good press and to be along the lines of those who have […]
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Getting involved in federal procurement is a huge step for any small business. This can be a make or break process. If you really want to start out right and make it, you have to present that winning proposal. But in order to construct that proposal, you […]
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Owners of small businesses should understand that there are many small business procurement opportunities being offered constantly. The government is the largest purchaser of services and products. It has a large budget devoted to awarding 23% of their projects to small companies. With this, small entrepreneurs are […]
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