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Identify Your Target Market for Federal Contracting Point Your Arrow at Your REAL Target!. June 26, 2012. Royalyn B. Reid President and Co-Owner Consumer & Market Insights (CMI). 2351 W. Northwest Highway, Suite 2200 Dallas, Texas 75220 thecmiteam.com 855-939-9500. Agenda.
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Identify Your Target Market for Federal ContractingPoint Your Arrow at Your REAL Target! June 26, 2012 Royalyn B. Reid President and Co-Owner Consumer & Market Insights (CMI) 2351 W. Northwest Highway, Suite 2200 Dallas, Texas 75220 thecmiteam.com 855-939-9500
Agenda • Learn the Culture • Three Common Road Blocks • Use Available Resources • Create a Winning Plan • Fundamentals of Success • Question & Answer
Welcome & Introductions • About Me – Royalyn Reid • About You • Why are you here? • What do you want to get out of this session?
Learn the Culture • Purpose • Structure • FAR (Federal Acquisition Regulation) • www.acquisition.gov “How Do I Simplify the Process?”
Learn the Culture “How Do I Simplify the Process?”
Three Common Road Blocks • Failing to use available resources • Failing to create a winning plan • Failing to prepare effectively
Use Available Resources • Don’t try to do it alone! • View key resources as an extension to your business • Recommended resources • Minority Business Development Agency (MBDA) Centers • Procurement Technical Assistance Center (PTAC) • Small Business Administration (SBA) • Small Business Development Center (SBDC) “Leveraging Your Resources to Work for You”
Create A Winning Plan • Determine who buys what you sell • Identify your target agencies • Narrow the playing field “Identify the RIGHT Agency”
Create A Winning Plan • Three Primary Sources • Online • Conferences • Outreach Sessions “Find the RIGHT Opportunities”
Create A Winning Plan • Online Sources • FedBiz Opps • CCR • PTAC Bid Matching • Deltek GovWin IQ “Find the RIGHT Opportunities”
Create A Winning Plan • Local Conferences • Alliance Texas • American Express Open • Government Procurement Conference • Washington, DC Area Conferences • Office of Small Disadvantaged Business Utilization (OSDBU) Conference (April) • SBA National Small Business Week Conference (May) • MBDA MED Week Conference (September) “Find the RIGHT Opportunities”
Create A Winning Plan • Local Outreach Sessions • Agency specific through OSDBU • www.osdbu.gov • Matchmaking Sessions • Conferences • Business Matchmaking • www.businessmatchmaking.com “Find the RIGHT Opportunities”
Create A Winning Plan • Go where your future clients are • Identify true small business champions • Be prepared to do your part in the relationship “Build the RIGHT Relationships”
Create A Winning Plan • Be open to learn and grow • Be willing to make the necessary adjustments to your business model • Be prepared to follow through • Be prepared to do whatever it takes “Do the RIGHT Things”
Key to Government Contract Success • Learn the culture • Build relationships • Team • Bid responsiveness • Persistence!
Dallas Office 2351 W. Northwest Hwy Suite 2200 Dallas, Texas 75220 Washington, DC Office 444 Capitol Street NW Suite 445C Washington, DC 20001 For more information, please contact me at: Royalyn B. Reid President and Co-Owner royalyn@thecmiteam.com 855-939-9500 thecmiteam.com