Business Development Learning How to Go About Essay

Business Development

Learning how to go about selling to the U.S. government which is the largest buyer of goods and services in the world is a very daunting task. The federal government is expected to reserve a fair proportion of its purchases and contracts for services and property for small businesses. The government achieve s this through setting aside some parts of its procurement to small businesses. Small businesses that have the interest of pursing federal contracts have so many options that are available for representing their companies to potential clients, researching federal marketplace for the opportunities that are available and also understanding the competition they stand to face.

There are several federal business opportunities available for small business owners. These include HUB Zone, service-disabled, woman-owned, competitive, Small Business Subcontracting Program and veteran owned. The paper will look at a small line of business and determine the federal government procurement opportunity aligned with the line of business.it will also look at the current strategies of the small business. A SWOT analysis will also be conducted for the small business and finally an action plan created to fulfill expected to fill the requirements.

Small line of business

Garden solutions is a limited liability company which offers a full service flower shop. The company is committed to providing high customer satisfaction through offering excellent services and quality products at prices that are quite competitive. This company was started by a group of hardworking women who wanted to empower themselves through business.The company's main concern is creation and maintenance of a friendly, fair and creative work environment for all the parties involved; clients, employees and shareholders. The company provides fresh flowers for all occasions which are grown and maintained by the founders of the company. The mission of the company is to provide flowers that will enhance the special needs of their customers and in the end become the leaders in flower production in the country. The company needs to example its operations and therefore needs a federal business opportunity so as to achieve this desired expansion.

Federal government procurement opportunity

The small line of business falls under a women -- owned small business. This is because 100% of its shares are owned by women meaning that it has superseded the 51% mark of ownership by women. The management and daily operations of the business are done by women .WOSBs are not eligible for getting sole source contracts and the procurement sets asides however federal agencies are required to actively encourage their prime contractors to use WOSBs as their subcontractors. The federal agencies are expected to post information regarding the acquisition of any business opportunity on the federal procurement data system. The site is also used to communicate any available procurement opportunities and the vendor requirements for contracts valued over $25,000. Small businesses are required to register in order for the site to be accessible to them. Small….....