Simplified Acquisition Procedures (SAP) - A Great Business Strategy
The Nancy Byerly Show
English - September 24, 2018 06:00 - 7 minutes - 5.7 MB - ★★★★★ - 30 ratingsEntrepreneurship Business Government entrepreneur entrepreneurship federalcontracting governmentcontracting smallbusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
SAP procedures are also known as small purchases. These small purchases are the easiest way for a small business to get started in government contracting. Since these purchases are at the lower threshold, the government requires less paperwork making it ideal for micro or businesses. Some businesses will even specialize just in this area and never venture into contracts above this threshold. Your business strategy can be as simple as bidding on contracts within the Simplified Acquisition Threshold or more complex by adding contracts above the threshold.
Considering the acquisitions in this range is essential. It is one of the most common ways that small businesses obtain their first contract. Since small companies will want to limit the amount of risk associated with government contracting the Simplified Acquisition Threshold is a great way to limit the risk while still venturing into this marketplace.
Websites:
FAR: http://farsite.hill.af.mil/
Federal Contracting Made Easy https://www.FederalContractingMadeEasy.com
Byerly Enterprises https://www.byerlyenterprises.com
Blog: https://www.byerlyenterprises.com/blog
Podcast: https://www.byerlyenterprises.com/podcast
Contact Nancy: [email protected]