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Mastering Government Contracting: A 3-Step Guide for Small Businesses

Learn from Derek James, a government contracting expert who has secured over 32 US federal government contracts worth $15 million. Follow his three-step process to quickly set up and start bidding on government contracts.

Registration Process and Cage Code

⭐By following these steps, businesses can quickly set up and start bidding on government contracts.

πŸ”‘The registration process requires setting up a cage code.

πŸ”’Cage code can be obtained during the registration process.

Entity Registration and DSBS Profile

πŸ“Step 2: Complete your entity registration and receive confirmation via email.

πŸ”Step 3: Set up your DSBS profile to enhance your visibility for government contracting opportunities.

πŸ’ΌSetting up a profile in the Sam system is crucial for government contractors.

🌐The Sam system allows businesses to indicate their set-asides, such as being a small disadvantaged or HUBZone business.

❗Not completing the profile in Sam can result in missing out on important information being displayed to potential government clients.

FAQ

How long does it take to set up and register a business for government contracting?

The speaker recommends setting aside a month to set up and register your business before starting the bidding process.

What if I don't have relevant performance histories for past contracts?

If you don't have relevant performance histories, you can use personal or commercial performance examples.

What are the key components of the Sam system for government contractors?

The Sam system allows businesses to indicate their set-asides, such as being a small disadvantaged or HUBZone business.

How many US federal contracts has the speaker won in government contracting?

The speaker has won over 32 US federal government contracts worth over $15 million.

What books has the speaker written on government contracting?

The speaker has written two books on government contracting: 'Winning Government Contracts' and a workbook that accompanies it.

Summary with Timestamps

βœ… 0:37In this video, Derek James explains the three steps every government contracting business must go through to get started.
πŸ’Ό 8:56To register a small business, you need the social security number, contact information, and bank account details of the associated person.
πŸ“ 11:56Setting up your entity registration and profile on Dynamic Small Business Search (DSBS) is crucial for government contracting.
πŸ“ 15:42The video discusses the importance of setting up a profile in the Sam system for government contracting.
πŸ’‘ 19:36Performance history references are crucial when writing proposals, and should not be left blank.

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