Advice Archives

The Most Common Mistakes in GovCon and How to Avoid Them

The Most Common Mistakes in GovCon and How to Avoid Them | BOOST LLC

There are a lot of opportunities for mistakes in government contracting, and you wouldn’t be the first, or the 1000th, business to make them.  The good news is that, with a little knowledge and preparation, you can avoid many of the more common roadblocks that take contractors from thriving to  struggling.  Here’s a look at […]

Calendar Year End Prep for Government Contractors

Calendar Year End Prep for Government Contractors | BOOST LLC

The end of 2022 is fast approaching, and there’s a lot of work to be done to make sure everything is wrapped up nicely for 2023. The better you’re able to get things in order now, the less catch-up you’ll have to play next year. In this article, we’ll talk about some things you can […]

It’s Halloween! A Time for Tricks and Treats

halloween time for tricks and treats

I’ve found most adults fall into one of two categories – those that love all things scary and those that don’t.  I’m in the latter (personal mantra: life is scary enough, why would I ever want to purposely be scared?!).  As a business owner, there are uncertainties and unexpected surprises that you don’t normally prepare […]

DCAA Timekeeping Requirements

How to Keep Your Timesheets DCAA Compliant

The key to a successful DCAA floor check audit is an accurate and up-to-date timekeeping system. This includes the DCAA Pre-Award survey, which must be completed before you can be awarded a cost reimbursement contract. The survey assesses whether your accounting system can accurately track costs in accordance with contract terms. If you fail the […]

Find Success in a Hybrid Working Schedule

Find Success in a Hybrid Working Schedule | BOOST LLC.

Whether you love it or hate it, working from home has become a major part of today’s employment culture. In some cases, not offering a hybrid work from home/work at the office schedule is going to lose you talent, both in terms of hiring and retention. While there are still plenty of people who prefer […]

Outsourcing Back Office Services: A Smart Move For Growing GovCons

Whether you work solo or in a large GovCon operation, competition remains constant and intense. GovCons continually seek an elusive competitive edge, perhaps in the form of larger sales teams, new lead generation systems, or broader business networking. However, many GovCons overlook the option of improving their own business structures, especially those related to the […]

Eyes Forward, Eyes Back – Mid-Year Planning for GovCons

July. How is that even possible??? We slugged through half of the year, most folks are considering a return to the office in some manner, everyone is back to working full time, and we haven’t seen a sourdough bread post in a really long time.

As we take stock of the first half of the year and start to turn toward mid-year planning, here are some key things to consider

Incurred Cost Submission FAQ for the DIY Padawans

Once upon a webinar, in a galaxy as far away as a click of your mouse, three mighty Jedis took the challenge on May 4th to further explain and help young padawans discover the true force of an incurred cost submission (ICS). Our Brave Jedis/Panelists included moderation by Meg Kerns, and a discussion from Boost’s Director of Accounting & CFO Service Susana I. Vellelonga and BOOST’s Senior Accounting Consultant Khaldun Taib.