The federal government invests more than $500 billion each year in private business partnerships — often with small businesses and women- and minority-owned businesses. Bianca Vobecky discusses her experience.

Transcript:

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The federal government has more contracts than any company in the world, so it’s very lucrative for small business to get involved with working with the government. There are contracts that are set aside just for small businesses, so the competition is a lot less. They also pay on time, which really helps with your cash flow and help increase your business activities. You want to make sure that you do what you say you’re going to do, and deliver on the time that you say you’re going to deliver. If you do all that, then you’ll have a great experience working with federal contracts.

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