What type of effort does it require to do business with the government?
Government contracting can involve significant commitment and may distract your business from other important opportunities. A good analogy is to compare your business dealings with the government as you would any other potential revenue stream. You have to make sure you have the time and resources to commit. You will be required to contribute a modest amount of effort to the initial paperwork and registration, reviewing opportunities, and creation of bids. Also it may be necessary to have access to loans and financial resources so a good credit history is important. When successful, the benefits of participating frequently make the effort worthwhile, with long-term contracts and payment guarantees as results.
