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Barbara Weltman

Big Ideas for Small Business, Inc.

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Small business procurement

July 2, 2014 / By Hudson Fusion

A report from the SBA’s Office of Advocacy found that government contracts were highly concentrated in four sectors (construction; professional, scientific, and technical services; administrative and support, waste management and remediation services; and manufacturing). The small business procurement rate for the government’s 2012 fiscal year was below the national goal of 23% in every sector but construction. Most serious underutilization of small businesses: relatively low level of dollars awarded to small contractors.

Don’t forget to regularly check the Featured Articles section on my site – you’ll find a host of topics containing essential information about tax, finance, legal issues, and important business-related updates to help you in your business today.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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