5 Effective Tips for Registering your Business with SAM
Federal Government is one of the primary buyer of products and goods worth $470 billion across the year. By releasing federal contracts, the government allows the small business owners with respective certifications to come and bid for the projects. The government contract is available for both small and large quantity, though it is subject to the certification a small business own. However, if you register with SAM, your chances of getting government contract are increased.
Why Register with SAM
SAM is basically a database that is maintained by the US Federal government. It is basically the System for Award Management. Here are five tips to assist you through the registration process.
1. Registration at the official SAM website – Registration in the website, www.sam.gov is free of any charge and you can do it all by yourself without any hassles. Don’t be fooled by the doppelgangers while looking to register with SAM. There are many websites resembling SAM’s website. Keep in mind that the government websites end with “.gov” or “.mil”. Once you log in to the original website, you will be directed to a billboard website where you will be charged a fee for SAM registration. Remember that a simple entry into the website is free but the registration is not.
2. Seek Expert assistance: To register with SAM, it is important to seek expert advice. Why? Because a professional will not only perform the job in a cost effective manner, but also helps you get things sorted without much hassles. The Impact Procurement Technical Assistance Center (PTAC) offers you superb assistance regarding the SAM registration, finding opportunities, also as understanding the government market.
3. Check Stuff Online: Even if you are hiring an expert, it’s important that you have a fair idea about SAM. So, before you register with SAM, get to know how it works. Check out the information from credible online sources about the registration process. SAM brings you a quick start guide for registrations. Download this and check out YouTube for videos and user guides. Searching online will lead you to certain informative reading materials, which can come handy in the due course.
4. Get a Legal name: To register with SAM, you need to get a precise legal name of your company in your SAM registration. Check with the Secretary of State for the same. Why is it important? It will help you get a Data Universal Number System (DUNS) number from DUN & Bradstreet which will otherwise give you the license to get into the business in a full-fledged way. It will be around 10 days when you will get a unique number to activate online.
So, what are you waiting for ? You’ve already known how important SAM registration with our business is. To register with SAM, start planning from now onwards.
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