Contract to Cash: Financial Blueprint for Scaling Your Service Business
If you had the chance to talk with two of the most successful female entrepreneurs in the country about financial success and scaling through doing business with government agencies and corporate clients FOR FREE…, would you take it? Now that you have scaled your business to that million-dollar threshold, you …
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Cash Flow CFO Podcast: Making Business Sense with Supplier Diversity with Jean
Hey there, everyone! I’m excited to share that I recently had the honor of being featured on the Cash Flow CFO Podcast. It was such a fantastic experience, and I’m thrilled to give you a glimpse into what we discussed. During the episode, we talked about my journey from running …
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Why Performance Evaluations Are So Important
An integral part of the contract management process is the conduction of performance evaluations. These evaluations allow agencies to assess and document how well (or how poorly) vendors are managing the contract and mainly focus on three main areas: Quality, Timeliness Of Performance, and Fiscal Administration & Accountability. The evaluation …
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Understanding Insurance Requirements
With over 78 million contracts awarded in the last fiscal year, MWBE and small business owners have many opportunities to expand. Unfortunately, when it comes to competing for government contracts, many business owners are unsure of the types of business insurance requirements needed and whether insurance is necessary at the …
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Responding To Competitively Sealed Bids
Does responding to competitive sealed bids for city agencies make you feel a little uncomfortable? You’re not alone. One of the biggest obstacles in the way of many MWBEs when it comes to landing government contracts is how daunting the process can be. If you’ve never prepared and responded to …
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Getting the Most Out Of Prime & Subcontractor Relationships
The forming of agreements between and among legal entities is a unique opportunity for MWBE business owners to increase procurement opportunities and can lead to huge benefits for all involved. Contractors who form agreements as part of a winning strategy open themselves and their companies up to various levels of …
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Navigating the Contract Award Process
Are you struggling to navigate New York City’s often lengthy and tedious contract award process? The contract award procedure with the city of New York can be tricky. First, there are numerous tasks to be addressed and completed before the beginning of a contract. Second, it can be difficult to …
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Best Practices for Contract Management
Are you an MWBE business owner or executive interested in increasing your companies ability to successfully complete government contracts through the use of Contract Management Plans? Contract Management Plans (CMPs) are used to set forth clear objectives for executing contracts and successfully completing projects. The aim of CMPs is to …
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Understanding Project Labor Agreements
I remember how overwhelming it was to bid on a government project for the very first time. There was SO much to go through! It was super easy to feel overwhelmed by the entire process, especially when I ran into one of the densest and most confusing parts of the …
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A Look at the Contract Award Process
If you’re a small to mid-sized MWBE looking to sell to the government, you should know that applying for a contract is only the first stage of the process. Mayor Bill de Blasio has been putting considerable political capital into getting money into the hands of minority and women small …
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