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Insights

Want the latest and greatest musing on topics germane to the GovCon space? Take a look at our past blogs, join our distro list and/or let us know if you have an opinion!

Should Government Contractors Use Outsourced Accounting Consultants?

Should Government Contractors Use Outsourced Accounting Consultants?

September 8, 2022/in GovCon /by admin

It’s always absolutely, unequivocally of the utmost importance that your accounting is as spot-on as possible. It’s 1,000 times as important when you’re a government contractor. Any slip-ups can lead to hefty fines and penalties, and maybe even worse. Maintaining compliance is one of those things that any government contractor has to constantly be vigilant […]

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Government Contract Talent Shortages

Tips for GovCons Struggling With the Talent Shortage

August 1, 2022/in Uncategorized /by Stephanie Alexander

In late 2021, Forbes published an article about the difficult state of hiring for businesses around the world. The article stated that 54% of companies globally reported talent shortages in what proved to be a 10-year low for talent availability.

Just months later, ManpowerGroup published an infographic showing that number had risen to 75% of companies around the globe reporting that they’re having difficulty finding talent. Things haven’t gotten any better since then.

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Accounting Software for Government Contractors | DCAA Compliant Accounting Software

A GovCon Checklist for Changing Accounting Systems

July 7, 2022/in Uncategorized /by BOOST

So you’ve decided to upgrade or even completely change your government contract accounting system. First of all, congratulations. Secondly, there are some things you’re going to need to do as a government contractor to make sure you’re maintaining DCAA compliance with your new accounting system.  You already know this, but accounting for GovCons isn’t the […]

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5 Tips for Maintaining SCA Compliance | BOOST LLC

5 Tips for Maintaining SCA Compliance

June 14, 2022/in Uncategorized /by BOOST

If you’re a government contractor, then you know all about the Service Contract Act (SCA). This act requires contractors to pay their employees fair wages and benefits, and is definitely a good thing. However, keeping track of compliance can get a little messy sometimes. In fact, there’s a chance you don’t actually know if you’re […]

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Stock Spooks - BOOST LLC

Stocks Spooks

May 27, 2022/in Uncategorized /by BOOST

As stocks have tumbled over the past few weeks, we find ourselves potentially in a financial market reckoning.  A reckoning for those companies that operate without concern for what I’ll term business basics:  PROFIT.   It has forever blown my mind that companies continue to be created based on the latest trends – members, platform users, […]

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What Is a GSA Schedule, and How Do You Get on It?

May 25, 2022/in Contracts, GovCon /by BOOST

In the world of GovCon, GSA Schedule contracts are a great source of income. Though they are limited in terms, the deliverables are open-ended and indefinite. That means that any federal — and some state and local — government customers can order an unlimited amount of products or services from the contract holders. The potential benefits of such a contract have many individuals wondering how […]

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Subcontracting Plan - BOOST LLC

Overhaul Your Subcontracting Plan

May 25, 2022/in Uncategorized /by BOOST

If you’re like most larger GovCon businesses, subcontracting is a key part of your success. After all, there’s only so much that you can do in-house, and partnering with the right subcontractors can help you get the work done quickly and efficiently. However, if you’re not careful, subcontracting can also lead to compliance issues. In […]

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DCAA Audits for GovCons - BOOST LLC

The Best Defense Strategies for DCAA Audits

May 25, 2022/in Uncategorized /by BOOST

Nobody in the world of GovCon really *enjoys* DCAA audits. They’re the scourge of CFO blood pressure, and they’re also just something we have to accept as a part of this career path we’ve chosen.  But here’s the thing about DCAA audits – They don’t actually have to be all that stressful. With a little […]

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The Power of No

April 27, 2022/in Uncategorized /by BOOST

After what can only be described as a waffling phone call earlier this week with a potential client, it made me want to issue this PSA:Saying “no” to an opportunity, a service, a contract, a teammate, or even a prospective employee, is one of the best gifts you can give. When you concretely say “no,” […]

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Recruiting for Government Contractors - BOOST LLC

5 Recruiting Tips for Government Contractors

April 21, 2022/in Uncategorized /by BOOST

There are no two ways about it – recruiting new employees is very hard right now. For government contractors, it’s maybe even twice as hard as that.  Some of the reasons for this include a shift in employee expectations, some of which many government contractors simply aren’t going to be able to accommodate. For instance, […]

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