National Veteran Small Business Coalition - NVSBC’s Post

The summer months can sometimes bring about a sense of complacency to business owners; vacations, family visits, the children being out of school …. The list goes on. In the world of #GovCon, however, there are 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐤𝐞𝐲 𝐭𝐡𝐢𝐧𝐠𝐬 to be aware of during the summer months: 1. 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐢𝐧𝐠 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐲: Summer can often see fluctuations in contracting activity due to various factors such as government fiscal year-end spending priorities, vacation schedules impacting decision-making timelines, and potential delays in contract awards. 2. 𝐁𝐢𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: While some agencies may slow down during the summer months, others might release new solicitations or extend deadlines. It's crucial to 𝐬𝐭𝐚𝐲 𝐯𝐢𝐠𝐢𝐥𝐚𝐧𝐭 about new bid opportunities. 3. 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠: GovCon Contractors must stay compliant with reporting requirements throughout the year. Ensure required reports are submitted on time and compliance with regulations is maintained. 4. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐥𝐚𝐧𝐧𝐢𝐧𝐠: Use the summer months to strategize and plan for upcoming procurements. This includes reviewing past performance, identifying potential teaming opportunities, and refining your business development strategies. 5. 𝐍𝐞𝐭𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐑𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠: Summer can be a good time for networking events, conferences, and industry gatherings. Building and maintaining relationships with key stakeholders in the government and within the industry can lead to future business opportunities. Check out NVSBC’s Events (hint, hint): Events: https://lnkd.in/gcZBRCTy 6. 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞: For ongoing contracts, ensure that performance metrics are being met and that any required deliverables are on track. 7. 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐂𝐡𝐚𝐧𝐠𝐞𝐬: Stay informed about regulatory changes or updates that may impact GovCon contracting, i.e. changes to procurement policies, compliance requirements, or new legislative developments. 8. 𝐒𝐮𝐛𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐢𝐧𝐠 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬: Explore potential subcontracting opportunities with prime contractors who may be gearing up for new projects or needing additional support during busier times. 💡What things are you doing to help manage your business during the summer months to position yourself for continued success? National Veteran Small Business Coalition - NVSBC Scott Jensen | Zack Armstrong | Janelle Askew | Marie Myszkier | John Cochran | Bobby P. | Josh Pearl | Scott Semple | Charles Smith | Alisha Mitten | Sara Stehle, CAE, CMP | Rebecca Kane, CMP | Elizabeth Fields | Bruce Snyder | Robert Betters | Phillip Panzarella | Neeraja Lingam | Robert Santmyer | Norris Middleton | Bill Belknap | Nancy Langer | Al Sowers | Erica Dobbs | Irene Vaishvila Glaeser | Karen Brazell, PMP | Akinwande Oshodi | Venus Quates | Scott K. Thompson | Dr. Robin Desmore, PhD | Timothy Ross

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Summer strategy nailed! How do you prioritize bid opportunities amidst seasonal fluctuations?

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Insightful tips for GovCon! How are you leveraging networking events to boost business this summer?

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Irene Vaishvila Glaeser

CEO, Spahr Solutions Group LLC and SpahrTek, a joint venture with TekSynap; Member,Board of Directors, National Veteran Small Business Coalition; Colonel, U.S. Army (retired); Bestselling Author

1mo

A great reminder!

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