Find Out Why So Many Struggle When Registering or Renewing SAM (system For Award Management)
No matter what products or services your business is in the business of selling, competing in today’s hyper-competitive marketplace – is no joke. And competition isn’t the only challenge. For today’s business owners, simply finding enough opportunities to keep your business going can be a tall order and leads many down the complex road of government contracting.
This is not surprising considering the federal government spends billions of dollars every year and buys more is the goods and services than any entity around the globe. It makes even more sense appealing when you factor in the government’s 23% small business contract award goal. Sounds pretty great right? And it is – kind of.
Because government contracts are plentiful. However, just like the competition isn’t your only challenge in business, sheer numbers of opportunities aren’t an automatic recipe for success when it comes to federal procurement. The reality is that it can be complicated and tricky to navigate the world of government contracting. And it all begins with SAM.
Businesses must first register in SAM (System for Award Management), the government’s procurement database, in order to do business with the government. Easy right? Register in SAM and start reeling in those federal contracts. Not so fast.
This is not surprising considering the federal government spends billions of dollars every year and buys more is the goods and services than any entity around the globe. It makes even more sense appealing when you factor in the government’s 23% small business contract award goal. Sounds pretty great right? And it is – kind of.
Because government contracts are plentiful. However, just like the competition isn’t your only challenge in business, sheer numbers of opportunities aren’t an automatic recipe for success when it comes to federal procurement. The reality is that it can be complicated and tricky to navigate the world of government contracting. And it all begins with SAM.
Businesses must first register in SAM (System for Award Management), the government’s procurement database, in order to do business with the government. Easy right? Register in SAM and start reeling in those federal contracts. Not so fast.