Comments on: Starting a Small Business

By: Samantha

Samantha — Mon, 24 Dec 2007 13:55:32 +0000

Hi thanks for the great information! I love the information on this blog. I have my business plan written up hopefully i can get everything up by the new year.

By: Andrew

Andrew — Sat, 02 Jun 2007 01:20:46 +0000

If you are interested in starting your own small business you should check out I’m Finally in Business for Myself…Now What? by Mike Sandy. He has a lot of useful insights. Feel free to check out his blog and ask him questions. He has over 16 years of small business experience. http://finallyinbusiness.blogspot.com/

By: Sue Canyon

Sue Canyon — Wed, 28 Feb 2007 03:45:10 +0000

I have gone through this site it was very good i got more information on small business and i have seen similar site it is also a very good in giving the information on small

www. businessbooming.com

By: Allison Kessler

Allison Kessler — Fri, 02 Feb 2007 20:20:54 +0000

Wow, I’m about 5 years behind you, having started my business in 2001. I just gave up the Excel accounting system at the end of last year and bought QuickBooks 2007 Pro. It appears like such a powerful program, but I didn’t plan on all of the time I’d have to spend learning it. It doesn’t seem forgiving to mistakes. A client of mine said he couldn’t figure out how to legally make an owner’s withdrawal Anyhow, there are a lot of similarities with how you started your own business and how I started mine. Thanks for sharing your article!

By: Ken Larson

Ken Larson — Mon, 29 Jan 2007 17:12:44 +0000

There are many good points in your article. I would like to supplement them with some information.

For an all-volunteer site, dedicated to small businesses who wish to succeed in federal government contracting, please see the below site:

http://www.smalltofeds.blogspot.com/

The federal government will contract in excess of $80B to small businesses in the next fiscal year.
There are over 50 agencies or “Departments” in the federal government. Each of these agencies has a statutory obligation to contract from small business for over 20% of everything it buys.

Contracting officers must file reports annually demonstrating they have fulfilled this requirement. Not fulfilling the requirement can put agency annual funding in jeopardy. Small business has a motivated customer in federal government contracting officers and buyers.
Large business, under federal procurement law, must prepare and submit annual “Small Business Contracting Plans” for approval by the local Defense Contract Management Area Office (DCMAO) nearest their headquarters. These plans must include auditable statistics regarding the previous 12 month period in terms of contracting to small businesses and the goals forecast for the next year.

The federal government can legally terminate a contract in a large business for not meeting small business contracting goals. Approved small business plans must accompany large business contract proposals submitted to federal government agencies. Small businesses have motivated customers in large business subcontract managers, administrators and buyers.

There are set-aside opportunities available for small entities,veterans, disabled veterans, women and minorities. All it takes is navigating the system, persistance, asking questions, registering, marketing, teaming and working hard.
Small Business America is good at that.