The 2011 U.S. federal budget consists of approximately $3.82 trillion of expenditures. With a projected U.S. Gross Domestic Product of $15.3 trillion, federal government expenditures account for nearly 25 percent of our economy. As a business owner, if one customer type accounts for 25 percent of your potential sales universe then you shouldn’t ignore them. On the other side of the equation are the federal agencies that have to spend their budgets. The current policy is to increase procurement from small businesses whether through direct contracting or subcontracting.
Go to the article: How The SBA Helps Bigger Companies…Get Smaller
