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How to Win Federal Contracts by Selling to SmartPay Cardholders

06.06.2008 shane0

How to Win Federal Contracts by Selling to SmartPay Cardholders

Do you sell products or services that are priced under $25,000? Selling to Federal Government credit cardholders (SMARTPAY) is a “hidden secret”.

Federal contracting opportunities under $25,000 are not advertised. Contracts under $25,000 present special opportunities for small businesses. To PLAY in this federal credit card game businesses MUST have a merchant account. Federal agencies save money when they make small purchases using credit cards. Federal end-users with purchasing power generally purchase products and services from small businesses in there local market. Selling to credit cardholders is one of the quickest ways to accelerate your success to winning a federal contract.

Independent professionals and small businesses who BEKO WMD 77140 build solid relationships , market products and Ariston AVTF 129 services as a INDESIT customized solution and “keep in
touch” throughout the fiscal Teka year Bosch WLF 20181 CE can consistently win federal contracts.

Federal contracts (Micro-purchases) $2,500 or less ARISTON AVSF 109 federal buyers may purchase from any small business without comparison shopping.

Small purchases ($2,500 to $25,000)are subject to more formal contracting requirements wherein the Atlant 45 124 federal buyers must obtain three informal quotes by phone, fax, email or mail.

Here are 4 principle reasons this “hidden” market is ideal for small businesses:

*Relationship driven contracts

* Prompt payment

* Potential for multiple contracts throughout the fiscal year

* GF 8800 GT 512mb Less competition – not publicly advertised

The Federal credit cardholder single purchase limit varies. Here are a few examples of single purchase limits:

*$2,500 *$10,000

*$25,000 *$100,000 (note: this figure is not a typo)

How do you find Federal credit cardholders(SMARTPAY) ? Under the Freedom of Information Act (FOIA) Small businesses can make a formal written request to obtain a list of federal credit cardholders by contacting the Principal FOIA Officer at each federal agency you want to Electrolux market your products and services to.

If you are willing to do some homework and be different from the competition there are countless federal opportunities worth pursuing in the “hidden” federal credit card micro and small purchase market.

You Can Start a Profitable Home Based Business

So, you want to start a home based business? According to the U.S. census, there are over 700,000 businesses in the United States with no employees, so you’re definitely not alone. The best part is that about 20,000 of those businesses had gross receipts of over $1,000,000! That is over a million dollars for a single person, working out of ARISTON AVSL 85 their home. Obviously not every person starting a business is going to make anywhere near that kind of money. You need to have several things to even have a prayer of getting a solid, profitable business going. The type of home based business you are looking for is one that can pay you a very handsome profit, year after year, and allow you to take enough time off to enjoy the fruits of your labor.

So, how do you get such a business started? First, you need a plan, a real, solid business plan. The plan should encompass everything pertaining to your business;

• What type(s) of products or services you are selling

• Who your target market is

• How you will market your chosen products and/or services

• A complete financial plan including: your Ariston ARSL 80 .L sources of financing, expected expenses, initial revenue projections (realistic ones)

• What resources you need to begin your business such WHIRLPOOL AWO 10761 as: office equipment, finances, vendors, a website, etc.

• Where you expect to be in one year and three years

A business plan is essential for a number of reasons. First, it causes you to think through your business carefully. You can make sure you have covered all your bases and that no details have been missed. Next, it will be a necessity in the event you need to seek financing. Investors will want to see a well thought out business plan.

The first decision you need to make when starting your home based business is: what will you be

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