Government Contracts – 5 Benefits of Having One

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Government Contracts – 5 Benefits of Having One

Currently over 5 million contractors have obtained government contracts ending Fiscal Year 2011. A government contract is not made for every company but if you build a realistic view of managing your contract there may be a great benefit. Here are five benefits of having a government contract:

  • Stability– Maintaining compliance with the terms and conditions of the contract could provide your business stability for up to twenty years.
  • Consistent Work–  Focusing on the marketing aspect of your business could provide consistent workable assignments assisting you with business growth.
  • Assured Payment– Although payment may take up to 30 days it is still assured.
  • Business Strategy- Having a government contract helps you to build and modify your business strategy for the federal and commercial sector.
  • Relationship Building- Developing relationships with the right people could assist in building the foundation for your business.

Do you have any other benefits of having a contracts? Let’s hear them.

For government contract consult contact Procurement Source Solutions 800-267-7640

By | 2013-03-24T19:01:11+00:00 March 24th, 2013|Contract, Uncategorized|0 Comments

About the Author:

Ilene has dedicated over twenty years to federal contracts and is the author of, "Road to Business Growth in the GSA Program" Ilene is known for working with vendors who struggle with GSA contracts and its processes. She is a former GSA contract specialist who has helped over five hundred vendors worldwide in winning federal business with a GSA schedule, contact Ilene for a free consultation

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