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It’s the End of the NYC’s Fiscal Year – Opportunities for MWBEs





The end of New York City’s fiscal year is June 30, 2018.  It’s a time when New York City agencies are preparing their budgets for the upcoming year and evaluating spending and vendor performance for the previous period.  This is an exciting time to connect with NYC agencies about their plans for the upcoming year and share ideas about how your product/service could help the agency to meet specific goals. As the year ends, Mayoral Agencies are…




Jump Start Your Marketing for 2018





For MWBEs, doing business with the government presents a world of opportunity. For MWBEs in NYC attracting the right buyer is dependent on targeting the correct buyer, and they are doing this successfully. Whether you want to connect with more of your ideal clients or increase overall revenue in the new year, consider some of these tactics for your marketing strategy: Attend Networking Events There are many networking events held strictly for MWBE attendees. You should take advantage…




New 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 to sell their services or goods to the City in the future, for years to come. This is validated by Mayor de Blasio’s commitment to award $16…




5 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 is a type of purchasing that enables government agencies to purchase goods and services through a simplified acquisition process. Many government agencies are using discretionary purchases—i.e. discretionary…




Attention MWBEs: The Procurement Department Can’t Find You!





{3:25 minutes to read} Yesterday, I spent the entire day chasing down an opportunity for a professional service that I found on a prime contractor’s website that I thought would be a good fit for one of my clients. The problem was that the date had already passed to apply for pre-qualification. (more…)




How to Get Paid As a Subcontractor





It has been my experience that subcontracting can be an excellent way for MWBE firms to increase market share while gaining valuable experience and past performance that is often required to do business with government agencies and large corporations. That said, when I suggest subcontracting to my clients, I am often met with resistance and hesitation.   One of the most common reasons that small MWBE firms are reluctant to subcontract is because of concerns about getting paid.  …




Should You Consider Sub-Contracting?





Well, the easy answer is of course! How else can you effectively take advantage of MWBE subcontracting goals on government contracts? So many of us are reluctant to subcontract because of either a bad experience we’ve had ourselves or rumors about the pitfalls of subcontracting. As a subcontractor on a number of projects, I’ll admit that I’ve had my share of bad experiences, however as I become more knowledgeable, I’ve implemented a strategy for subcontracting that mitigates…




Why 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 business with companies that don’t have adequate resources to support contracts.   So, stop taking shots on contracts you are not going to win, and focus exclusively on…




5 Tips for Leveraging Your MWBE Certification for a Strong 4th Quarter





With the official end of summer behind us, there are only a few short weeks left until the end of the year. Let’s also not forget there are also several holidays coming up. So, the action you take now will have significant impact on your 4th quarter sales, and possibility the start of 2016. If you are a certified MWBE in New York, here are my top five tips for ensuring a strong 4th quarter. 1.Reflect on…




NYS MWBE Program is Targeting Professional Services





Would it surprise you to know that 53% of New York State’s overall spending is on professional services? Well, it’s true – New York State spends more on professional services than any other category and there lots of opportunities for small MWBE firms. In fact, NYS recently announced a new initiative called Supply & Demand: Opportunities for MWBE Growth and Strategies to Increase MWBE Participation.   For information about the program, see the link below http://esd.ny.gov/MWBE/BusinessDevelopment.html#Supply So –…