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Federal Government Spending

May 24, 2013

By Brett Housholder, Interim Program Manager, Wyoming Entrepreneur PTAC      Brett

Government contracting can certainly be an effective way to increase sales and supplement your business, but some business owners assume the federal government doesn’t buy what they sell. However, it might surprise you to find out just how large and diverse the pool of government procured goods and services really is.


But smart business owners aren’t going to enter a new market without evidence that there’s an opportunity. Fortunately, there are resources available that enable us to actually determine what the federal government buys, how much it buys, and what types of companies it buys from. There are two very basic resources that can be utilized to find this information:

 

While the numbers on these websites can’t be considered definitive proof of your potential success in the world of government contracting – ultimate business success will always depend on reliable goods and services, after all – they can be a great way to test the waters to get an idea of what and how much the federal government actually buys, especially on a state-by-state basis.



Tags: government contracting
Category: Government Procurement

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