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Top 5 Ways Local PTACs Can Revolutionize your Small Business – For FREE


Author: TeamingPro Staff

One of the greatest graces the government - particularly the Small Business Administration (SBA) - provides is setting up rules and initiatives that allows even the newest of small businesses to have an honest chance when it comes to winning contracts and aiding government procurement. Procurement Technical Assistance Centers (PTACs) are one of the most powerful tools that are available for small business owners, and yet they often go underutilized. Whether this is due to ignorance of their existence or ignorance of their potential benefits, we’re going to outline the top 5 ways you could engage with your local PTAC to see tangible benefits for your business operations as quick as the very next day.

We’re going to detail some of the ways HUBZone companies grow to lose that Set-Aside safety net the government provides, and how you can slow that down until you’re ready to dominate the market on your own.



1. Determine Readiness

How do you ensure a new business stays afloat? You don’t. There’s no one-size-fits-all solution you could apply to your business that would guarantee it would be successful in the long run. That said, you can prepare meticulously – and in fact, that’s how most new business owners prefer to reduce risks.

For newcomers to government procurement, “preparedness” is a remarkably nebulous thing to measure. What’s “ready”? What’s not? What can you reasonably achieve for your business before jumping in?

Local PTACs are the guiding force that can help you answer these questions and more. Bringing experience working with government bodies to the table, they can do more than let you know what tends to work – they can tell you why, which enables you to come up with your own tweaks that could quickly set you apart from your competition.



2. Impart Knowledge

If your concern is whether a PTAC can help you with your area of government procurement, or you’re focused on the potential value of learning more of the government side of things, it’s important to recognize the knowledge a PTAC can impart on you isn’t just from one side of contracts.

PTACs can also teach you about the small business side of contracting, bringing to the table their experience working with a variety of small business owners to let you know what works, what doesn’t, and what completely changed the game. The more you know about both sides of the business, the better you’ll be able to improve your own operations.



3. Maximize Profit

Maximizing profit goes hand in hand with learning from the previous and existing examples of success on both sides of contracting, but it could also be an indirect benefit of working with a PTAC. Instead of spending time, money, and resources trying out different methods or working your way through a learning curve, a PTAC could lightly guide you towards methods that have worked before, enabling you to work smarter, rather than harder, and hit the ground running with your small business.


4. Benefit from Classifications and Certifications

Small Business Certifications can be a technical quagmire for small business owners.

  • What do you qualify for?
  • How long do you qualify?
  • Have the rules changed recently? Do they ever?
  • What if your business could fit several different certifications?

At the same time, missing out on a classification could mean seriously impeding your own chances for success, especially if the government places a specific emphasis on a classification you qualify for.

A PTAC would be a great aid to help you figure out how your business classifies, and what the potential benefits are. These benefits could include things such as funding or special consideration for contracts, which are critical for snowballing success.



5. Prepare Your Business for Growth

Some of the small business categories designated by the government aren’t permanent. Whether you’re aging out of a classification or growing out of it, you need to ensure your operations are set up so that you’re not at all impeded by the loss of the safety net the government has in place for certain small businesses. Your Local PTAC could be crucial for ensuring you’re as prepared as possible for when this happens, and it’s worth mentioning that tools such as SAM.gov and TeamingPro also have several resources in place to help growing small businesses make transitions into bigger markets.

If you haven’t been getting in touch with your local PTAC, now is the perfect time to get started. They could be the key difference between your business staying afloat, and your business rocketing past your competition.

Good luck out there!
- Your friends at TeamingPro.