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Doing Business With the Government

The U.S. Government is the largest purchaser of goods and services globally and in 2017, spent $3.98 trillion. There are many departments within government in general, whether it’s local, state or the federal level. Knowing where to start can be a daunting task in itself if you are a business looking to do business with the government.

 

Ask the following questions:

1. Do I have a product and/or service that the government purchases?

Nevada Business Advisors can assist with identifying what products and services the government purchases and assisting with registration on government specific sites where procurement buyers, contracting officers can locate your specifics if the need arises.

2. Do I have a DUNS number? If not, find or request your DUNS (Data Universal Numbering System) number.

The D&B D-U-N-S Number is a unique nine-digit identification sequence which provides unique identifiers of single business entities, while linking corporate family structures together. There is no charge to get a DUNS number.

3. Is my financial house in order?

For example, do I have inventory on hand should I be granted a purchase order OR do I have the capital or funding in place for projected business opportunities that become available, speaking with your banker or lender as soon as possible to start the conversation.

 

 

There are multiple resources available to you as a business owner that can provide guidance or assistance at no cost. However, for services that may need more one-on-one personalized attention such as registering on government sites and being notified of opportunities that may arise, Nevada Business Advisors can assist.

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Disclaimer: Nevada Business Advisors does not offer legal or tax advice, but instead educates clients. This information is intended to be used as a guide prior to consultation with an attorney or CPA familiar with your specific situation. Nevada Business Advisors is not a substitute for the advice of an attorney or CPA. If you require professional advice, you should seek the services of an attorney or CPA licensed in tax and legal services. Nevada Business Advisors can assist with services listed but there is no guarantee of the outcome as it will be dependent upon the agency, lender, certifying organization, etc. and their qualifications.

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