All businesses should have the same goal; grow revenue. All businesses take steps to do that, but
might miss a few opportunities along the way. For a veteran owned business there are distinct advantages to owning a business and being a former member of our armed service.
Veteran owned business take priority on government contracts, and are proven to be the first choice of American Citizens. For purposes of this post we will focus on the government contracting aspect and how you can take step one towards securing the work and growing your profits.
There are three major steps to become fully certified, each containing multiple avenues and their own processes. This can be daunting for a veteran owned business seeking certification. It is our intent to make this easy for you and provide an easy guide. Our hope is that through certification and sound insurance decisions we can help you find the financial growth desired so that you can become a true success.
Step One: SAM Certification.
The system for award management is the official website of the U.S. government. This is an outlet to register to work directly with the federal government. SAM is free to register and will cost you nothing to sign up.
The goal of this program is to enable businesses around the country to be approved to work through the Federal government. For any business this adds value to potential revenue streams and can result in lucrative contracts. The more revenue a business generates, the happier the veteran business owner.
In order to secure these contracts appropriate insurance will be needed. As you have read in our prior blogs, please speak to an insurance professional before seeking any contracts to ensure insurance coverage will meet the minimum standard of the client.
For more information on SAM, or to obtain a copy of user guide for SAM, please visit us at www.insuranceforvets.com or join us via Linked in. We look forward to discussing this more with you, and going over your insurance needs.
Coming soon: Step Two: Maintaining an up to date SBA profile.