How to Create a Compliant Cost Estimate for Goods and Services Bids, Proposals, and RFPs
One of the biggest opportunities for small business of all kinds, especially those owned by women or minorities, are government contracts. By winning government contracts, you can bring in an entirely new source of revenue, enable you to grow your business and become more successful than ever. This, of course, …
Read More
Exciting New Opportunities for Creative Service Professionals
New York City’s goal to award $16 Billion to MWBE firms, combined with the increase in discretionary purchasing authority to $150,000, has created several new opportunities for creative service professionals’ companies that we have not previously experienced before. If you look around New York City, you’ll see several marketing and …
Read MoreMake New York City Your New Customer
Looking for new clients? In fiscal year 2018, New York City purchased nearly $900 million in goods and professional and standard services. New York City purchases almost anything — ranging from food, office supplies, equipment, consulting, creative services, and more. You name it, there is a good chance New York …
Read MoreCash Flow Matters: Preparing Your Business for Growth
Business owners have a natural drive to grow and scale their business. There are lots of obstacles and distractions in the way, but your best chances for successful growth requires you to think about the big picture—while also drilling down into the nitty gritty of your business’s financial health. MWBEs, …
Read MoreNew York City Spends $1 Billion with MWBE Firms
It’s a good (and lucrative) time to be a minority-owned or women-owned business in New York City. Recent reports indicate the City has spent $1 Billion with MWBE firms, a $400 Million increase in just two years. The bigger picture indicates there is a tremendous opportunity for MWBE firms looking …
Read More5 Tips to Generate a Six-Figure Income with Discretionary Spending
As a small business owner or “solopreneur,” a lot of effort is required to balance the books—and a lot of strategy is needed to generate a six-figure income. One such strategy is to work with government agencies with discretionary purchasing authority. What is a discretionary purchase? A discretionary purchase …
Read MoreDo 20% of MWBEs Win 80% of the Work?
I recently reviewed the results of the New York State Disparity Study—and without surprise—it reveals that doing business with the government can still be a challenge for MWBEs. What I found most interesting was that in a lot of circumstances, the study reported that contracts are awarded to the same, …
Read MoreWhy are you bidding on Projects You Are NEVER Going to Win?
Here is a simple tip about doing business with the government. Government agencies are risk adverse – they are not going to take a chance on companies that don’t have a proven track record of experience with contracts/projects of similar size, scope and complexity. Similarly, government agencies will not do …
Read MoreHOW TO DEVELOP AN EFFECTIVE COST ESTIMATING STRATEGY FOR GOVERNMENT BIDS
The basis for developing an effective cost estimating strategy starts with a good business plan. A well thought out business plan will force you to consider key elements that are the foundation of cost estimating that includes cash flow projections, budgets, profit margins and sales goals. In my opinion, it …
Read MorePROPOSAL WRITING BLUNDERS
Our team has been writing, reviewing, editing and collaborating on a number of proposals ranging from IT, Security, Janitorial, Training and Consulting services. Here are five of the most common proposal writing errors we are seeing: Writer or proposal writing team does not read the entire RFP, since it looks …
Read More