(Mar. 21, 2016) We just found this little list of attributes on the Securities and Exchange Commission website.  Do you agree?  

THE “MODEL” SMALL BUSINESS

A model small business understands and is equipped with the following:

- A great reputation they protect

- A niche and a great marketing strategy and plan

- Ability to accept payments with a Government Purchase Card

- Active registration in the System for Award Management (SAM) and Federal Business Opportunities (FedBizOps) and all other systems the Federal Government utilizes to announce business opportunities

- Develops relationships with vendors in their industry for subcontracting opportunities - In depth knowledge regarding their niche product and/ or service

- Socio-Economic certifications with the Small Business Administration (SBA) - Teaming and Mentor-Protégé Arrangements

- Proof of concepts and technologies

- Ability to perform and provide timely services and/ or products

Written by Shaanon Lindauer — March 21, 2016

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