How Women-Owned Small Businesses Can Win Big in Government Contracting By: Dr. Zamora Crawford Olin, DBA, MBA
Understanding the World of Government Contracting
At its core, government contracting is the process by which federal, state, or local government agencies purchase goods and services from private companies. These purchases range from everyday office supplies to highly specialized IT systems, and everything in between (i.e., marketing, construction, management consulting, janitorial services…the list is nearly endless).
Each year, the federal government spends trillions of dollars on these contracts. Even better, a significant portion is specifically set aside for small businesses — and even more specifically, for women-owned, minority-owned, and veteran-owned firms. It sounds promising, and it is. But it's important to recognize that while the government offers incredible opportunities, they don’t hand out contracts easily! Doing business with the government is competitive, complex, and highly structured. It’s also incredibly rewarding for those prepared and have the infrastructure and stamina to compete!
The Excitement (and Pitfalls) of Starting Out in GovCon
This excitement can sometimes morph into eagerness to take any opportunity, even if it’s not a good fit. It’s a common misstep for many small businesses. Too often, I hear the horror stories of companies that have rushed into teaming agreements, joint ventures, or subcontracts without proper vetting, only to later find themselves exploited or overextended.
A First Look at the Process: How Government Contracting Really Works! So, how does a federal contract actually happen?
First, an agency identifies a need — maybe it’s new cybersecurity software, maybe it's landscaping for a government building. The agency then issues a Request for Proposal (RFP) or a Request for Quote (RFQ), inviting businesses to submit bids. Companies submit proposals explaining how they will meet the agency’s needs, how much it will cost, and why they are the right choice.Despite the government's reputation for overspending, the federal procurement process is very structured! And, while it can seem overwhelming to a newcomer, once you understand how the agency you want to do business with buys its goods and services, the entire process becomes much easier to navigate.
Barriers to Entry: The Hurdles Many WOSBs Face
Landing a big contract with the federal government can be a dream come true for any entrepreneur. Despite all the opportunities available, women-owned small businesses often
face barriers that others do not. For one, it can be difficult to break into established networks. Many contracts, especially those at the prime level, are awarded to businesses that already have strong relationships with agency program offices, small business liaisons, and contracting officers. As a newcomer, building trust takes time. So, you must be willing to put in the work and take the time to get to know your customer and all the stakeholders in the agency!
Overall, none of these barriers is insurmountable. In fact, many WOSBs find their biggest breakthroughs by teaming together.
The Power of Partnerships: Stronger Together
One of the smartest strategies for any new or growing WOSB is strategic collaboration. Partnering with another small business, particularly another WOSB, can open doors that would otherwise stay closed to companies new to the federal marketplace. Teaming agreements and joint ventures allow you to pool resources, share past performance, and pursue larger contracts you might not be able to win alone.
Preparing Your Business for Success
Before you jump into submitting proposals, it’s important to make sure your business is ready.
Ask yourself:
• Is my business properly registered in SAM.gov?
• Is my SBA DSBS profile complete, polished, and accurate?
• Have I built a strong capability statement that tells my story clearly? • Can I demonstrate financial stability, with a DCAA-compliant accounting system if necessary?
• Do I have any private-sector/commercial experience or professional experience I can highlight?
Why Government Contracting Is Worth It
Despite the hurdles, winning your first government contract can transform your small business. Government contracts, once awarded, are generally reliable; the government is required to pay small businesses promptly and on time! They offer set-asides that level the playing field for WOSBs., And perhaps most importantly, winning a federal contract can build massive credibility for any small business, opening doors not just within the government but also in the private/commercial sector.
Once you’re "in," your track record grows, your relationships deepen, and your opportunities multiply. But it all starts with your ability to build a strong infrastructure that can support a government client, and how well you can articulate who you are, what you do, and why the government should choose your small business!
Building a Legacy, Not Just a Contract
Give yourself the gift of time to build a business that is ready to support the government. Give your company the tools and the resources needed so you can grow strategically. And lastly, remember to celebrate every small win.
Your seat at the table is waiting for you!
We Want to Hear from You!
Are you just starting your GovCon journey? Have you faced some of the barriers we talked about?
We'd love to hear from you! Share your story in the comments:
• What’s been your hardest hurdle?
• What advice would you give to another WOSB starting out?
Together, we can build a stronger, bolder future for women-owned businesses in federal contracting.
Learn more about Dr. Zamora at www.thrivewithartie.com
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