Getting Ready for January 1st The end of the year is filled with holidays, gifts, and parties. If you are a GovCon small business owner it’s also filled with wrapping up the current year’s finances and getting ready for next year. The importance of closing, rolling forward, and opening fiscal years can suck all the […]
Is Your Benefits Package Competitive? Your GovCon organization might be a spectacular place to work. The company culture may be the most fantastic company culture of all time, providing nonstop fulfillment and happiness to all your employees. That’s great, but if you aren’t backing it up with a competitive benefits package, you’re still going to […]
Bonuses are an important part of employee compensation. If you are currently offering bonuses, or are thinking about offering them, this article is for you! Bonuses offer additional compensation, above and beyond an employee’s regular salary or wages. They are typically given to recognize and incentivize employee performance, contribution, or commitment to the company. Some […]
Audit – noun; An official inspection or examination of an organization’s or individual’s accounts or financial situation, typically by an independent body Audit – verb; To conduct an official examination of an individual’s or an organization’s accounts Whether you are looking up the noun or the verb, the word “Audit” heightens anxiety levels in even […]
As a federal government contractor, you are accustomed to operating in a complex and highly regulated environment. What you may not appreciate is that something as mundane as tax compliance is as integral a part of your business landscape as the FAR. Tax regulations and reporting requirements unique to the GovCon industry make navigating the […]
In what is now an annual rite of passage, federal contractors face another potential government shutdown. This one looks more likely to happen than in years past. But fear not, it’s not our first rodeo. Here’s some quick, actionable advice. Is it different from any other article you’ve already seen on this subject? Not really, […]
Mastering Annual Budgets, Forecasting, and the Power Moves of Government Contracting Alright, it’s time to dive headfirst into the electrifying realm of budgeting for GovCons (government contractors). Strap in, because we’re not just scratching the surface – we’re plunging deep into annual budgets, forecasting, and the power moves of success in the finance universe. We’re […]
Unlocking GovCon Success: The Key Role of Interview Training for Hiring Managers No, not just any questions, but the right questions. It is crucial to emphasize interview training practices for GovCon hiring managers to avoid conducting ill-fated interviews that lead to hiring the wrong candidates or having to contact your lawyer because you asked the […]
Mastering Budgeting: Tips and Tricks for a Successful Season The planning involved to execute a successful budgeting season is comparable to preparing for travel during peak periods at a congested airport. In either situation, it is crucial to avoid racing against the clock so that time can be allotted for potential delays (including that one […]
Government Contractor’s Business Taxes: Five Essential Truths You Can’t Afford to Ignore Recent world-wide events have rocked the business world, causing many to adapt and revamp their operations. With remote work and multi-state operations becoming the norm, it’s opened up a whole new can of worms for business owners: taxes. That’s right, as business owners […]
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