Procurement Series #3: How to Scale Up Financially & Protect Your Business Once You’ve Won a Contract – Montgomery County

  Your small business just won the government contract – now the questions begin: How will you manage the cash flow? How will you pay your personnel? Do you have adequate business commercial insurance? What kinds of bonds do you need, if any? Government contract financing is an efficient way for small businesses to fund costs associated with the contract award. During this session you will discover: General qualifications to obtain contract financing Types of financing, general uses of funds, and general parameters of loans Requirements for surety bond and state bonding programs Types of bonds, the process of obtaining a bond, and the costs associated with a bond Key components of business insurance Guest presenters include: Mark Harrison with the Meridian Management Group, Inc. Betty Seltzer, Farmers Insurance Agent This is session #3 in our five-part procurement series but can be taken as a stand-alone session.   Intended audience:…

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