Identify Your Target Market for Federal Contracting Point Your Arrow at Your REAL Target! June 26, 2012 2351 W. Northwest Highway, Suite 2200 Dallas, Texas.

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Presentation transcript:

Identify Your Target Market for Federal Contracting Point Your Arrow at Your REAL Target! June 26, W. Northwest Highway, Suite 2200 Dallas, Texas thecmiteam.com Royalyn B. Reid President and Co-Owner Consumer & Market Insights (CMI)

Agenda Learn the Culture Three Common Road Blocks Use Available Resources Create a Winning Plan Fundamentals of Success Question & Answer

Welcome & Introductions About Me – Royalyn Reid About You –Why are you here? –What do you want to get out of this session?

Learn the Culture Purpose Structure FAR (Federal Acquisition Regulation) – “How Do I Simplify the Process?”

Learn the Culture “How Do I Simplify the Process?” Set AsidesCertifications Full and Open GSA Schedule Set Asides * Small Business 8(a) * HUB Zone * VOSB/SDVOSB * WOSB SBA 8(a) SDB HUB Zone WOSB VOSB/SDVOSB

Three Common Road Blocks Failing to use available resources Failing to create a winning plan Failing to prepare effectively

Use Available Resources Don’t try to do it alone! View key resources as an extension to your business Recommended resources –Minority Business Development Agency (MBDA) Centers –Procurement Technical Assistance Center (PTAC) –Small Business Administration (SBA) –Small Business Development Center (SBDC) “Leveraging Your Resources to Work for You”

Create A Winning Plan Determine who buys what you sell Identify your target agencies Narrow the playing field “Identify the RIGHT Agency”

Create A Winning Plan Three Primary Sources –Online –Conferences –Outreach Sessions “Find the RIGHT Opportunities”

Create A Winning Plan Online Sources –FedBiz Opps –CCR –PTAC Bid Matching –Deltek GovWin IQ “Find the RIGHT Opportunities”

Create A Winning Plan Local Conferences –Alliance Texas –American Express Open –Government Procurement Conference Washington, DC Area Conferences –Office of Small Disadvantaged Business Utilization (OSDBU) Conference (April) –SBA National Small Business Week Conference (May) –MBDA MED Week Conference (September) “Find the RIGHT Opportunities”

Create A Winning Plan Local Outreach Sessions –Agency specific through OSDBU – Matchmaking Sessions –Conferences –Business Matchmaking – “Find the RIGHT Opportunities”

Create A Winning Plan Go where your future clients are Identify true small business champions Be prepared to do your part in the relationship “Build the RIGHT Relationships”

Create A Winning Plan Be open to learn and grow Be willing to make the necessary adjustments to your business model Be prepared to follow through Be prepared to do whatever it takes “Do the RIGHT Things”

Key to Government Contract Success Learn the culture Build relationships Team Bid responsiveness Persistence!

Questions & Answers

For more information, please contact me at: Royalyn B. Reid President and Co-Owner thecmiteam.com Dallas Office 2351 W. Northwest Hwy Suite 2200 Dallas, Texas Washington, DC Office 444 Capitol Street NW Suite 445C Washington, DC 20001