The U.S. government is the world’s largest single purchaser of goods and services. But not even the federal government has been immune from needing to cut costs dramatically, which in turn has had a sweeping impact on contractors–and small business contractors in particular.
A new survey of 740 active small businesses pursuing government work found that small businesses are having to spend more to bid on government contracts, are being rebuffed with greater frequency, but being rewarded for their persistence. Keep reading →