The US federal government is the world's largest marketplace, with staggering annual expenditures of around $10 trillion. In FY 2021 alone, the federal government spent around $7.5 trillion on grants and fixed charges and an additional $1.1 trillion on contracts and supplies. The federal government is also a major employer, directly or indirectly providing jobs to over 9 million federal employees, contractors, and others.
Despite this enormous opportunity, less than 1% (estimated) of the 32+ million businesses in the US are registered to do business with the federal government. Unfortunately, for those who do or plan to do business with the government, there is no formal learning process to vision, strategize, plan, implement, and continuously improve their federal business growth strategy. Many therefore muddle their way and lead by trial and error and often fail. Even fewer organizations understand how to navigate the complex and highly regulated world of federal contracting. As a result, the same established players keep winning contracts and grants, while new businesses struggle to break into this lucrative market.
We, designed the Federal Business Accelerator Foundational Bundled Program with 10+ highly relevant self paced courses after significant research, brainstorming, pilots, and interviews with government and industry professionals. The program is delivered digitally to desktop or mobile devices, is always on, self-paced, highly scalable, low investment, very affordable, requires no equity dilution, and operates across America and globally.
If you want to compete and win in the federal marketplace, it is essential to learn the methods and best practices used by seasoned professionals to establish and grow their federal products supplier or contracting business. Don't waste time, effort, and resources trying to figure it out on your own or searching for free resources. Most free resources lack quality control, have bias and opinion, are limited scope and depth, with no guarantee of accuracy or expertise. With the right guidance, you can successfully navigate the federal contracting landscape and build a thriving business.
So, if you are ready to win more and grow your business, take the first step by learning the essentials of federal contracting. Join our program today to gain the knowledge, skills, and tools you need to succeed in this highly competitive market.
The federal government is the world's largest purchaser of goods and services, with an annual obligations of around $10 trillion. Selling to the government can open up new avenues of growth for businesses and provide a reliable source of revenue.
The government's need for goods and services is stable and predictable, with recurring contracts and long-term commitments. This can provide a steady stream of income for startups, home businesses, small businesses, and large businesses.
Winning a government contract or grant can give businesses a competitive advantage over their peers. This can help them establish themselves in the marketplace and build a strong reputation as a reliable, stable, and cost-effective supplier or service provider.
Selling to the federal government can help businesses diversify their customer base, reducing the risk of over-reliance on a single client or commercial sector and also recession proofing their business.
Working with the government can provide businesses with opportunities to work on projects and contracts that have a meaningful impact on society, such as infrastructure development, healthcare, and environmental conservation.
Government contracts and grants often require innovative solutions, which can provide businesses with opportunities to develop new products or services and conduct research and development on government funds.
The government has various programs and initiatives to support small businesses, including set-aside programs, mentorship, and training.
The government is a reliable payer, with payment terms typically faster than those of the private sector. This can improve a business's cash flow and financial stability.
Working with the government can provide businesses with access to expertise, knowledge, data, and resources that they may not have had otherwise.
Our program is ideal for a diverse range of individuals/companies, including students, entrepreneurs, consultants, employees, startups, and businesses, as well as federal contractor employees who are interested in entering the highly lucrative $10 trillion federal marketplace and establishing or growing a federal contracting or products supplier company.
Our program has been specifically designed to provide you with an affordable, remote, and part-time learning experience that will help you achieve your goal of establishing and growing your federal government business practice.
It is important to note that although the US federal government primarily focuses on US-based companies, our program is also suitable for foreign companies who are looking to learn how to work and grow their business with Western governments, and even improve their performance with their national governments.
Add This program is ideal for a wide range of individuals and businesses, including college students, fedpreneurs, startups, and small, mid-sized, and large businesses. It provides a comprehensive, step-by-step guide that includes insider perspectives, tips, and tricks used by seasoned government contractors and suppliers to efficiently win and grow their federal business.
While our program focuses primarily on the US federal government, we strongly encourage businesses to use our program to gain confidence, expertise, and experience by first working with governments at the local and state levels before advancing to the larger and more complex federal sector. Our program also provides training for companies to place consultants at subcontracting and prime contracting firms. Additionally, we offer guidance on how to become subcontractors and prime contractors, helping you expand your opportunities within the federal marketplace. answer to this item.
To enroll in this program, it is important that you possess a basic understanding of business management, marketing principles and project management. These prerequisites are essential for success, as the program focuses specifically on leveraging these skills to establish and grow your federal business practice.
In addition, having an interest in working with the US federal government is also important, as this program is specifically designed to provide you with the knowledge and skills required to succeed in this highly competitive and complex marketplace. By meeting these prerequisites, you will be better equipped to take full advantage of the comprehensive learning experience that this program offers.
Yes, Kreating Your Own Wealth offers customized training and development programmes tailored to the specific needs and goals of our clients.
This program includes external course-based practicums that provide you with hands-on experience in applying the knowledge and skills that you learn throughout the program. Although there is no formal requirement for external practicums, internships, or co-op for this program, we strongly recommend that you seek out opportunities to work with a local federal contractor or the federal government to gain practical experience and a better understanding of the government ecosystem.
By putting the coursework into practice and gaining real-world experience in the field, you will be better equipped to succeed in the highly competitive federal marketplace.
Absolutely! Upon the full completion of each course within the program bundle, you will receive a course completion certificate from KYOW. These certificates serve as a tangible demonstration of your newly acquired skills and knowledge, which can be used to showcase your expertise to potential clients or employers within the federal marketplace.
We take pride in recognizing and acknowledging your hard work and dedication to learning and improving your federal business practices, and we believe that these certificates are a valuable asset for any aspiring federal contractor or supplier.
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