Learn English: Government Contracts and the Future of Small Business (normal)

3 days, 12 hours ago

Government Contracts and the Future of Small Business

Taelor Salmon's company, TJS Group, thrives on government contracts designed to support minority-owned businesses.

These contracts represent a substantial portion of their income, making them vulnerable to policy shifts.

Potential changes in government funding for small businesses create uncertainty and require strategic adaptations.

Salmon is preparing for various scenarios to ensure her company's long-term success, diversifying contracts, and seeking new partnerships.

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Source

Original: Business Insider

Tags

#government contracting #small business #minority-owned business #SBA funding #8(a) program

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