What are the technological businesse we can start with little capital?

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My answer to What are the technological businesse we can start with little capital?

Answer by Ken Larson:

Service contracting for the federal government is one of the best for small business. The federal government is meeting small business contracting goals. In 2014, for the first time, the feds exceeded the legal requirement of 23% with a 24.9% achievement or $91.7B in contracts to small business. The 23% goal mandated by Congress had not been met at the total government level for years.

Times are Good for Small Business Contractors

The feds are also moving to lowest priced, technically acceptable contracting, driven by budgetary pressures

Lowest Price Technically Acceptable (LPTA)

Small business is uniquely qualified for this type of work, particularly in the services sector, due to lower overhead and G&A rates, as well as agility in work force development.

What are the technological businesse we can start with little capital?

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About rosecoveredglasses

2 Tours in US Army Vietnam. Retired from 36 Years in the Defense Industrial Complex after working on 25 major weapons systems, many of which are in use today in the Middle East. Volunteer MicroMentor. I specialize in Small, Veteran-owned, Minority-Owned and Woman-Owned Businesses beginning work for the Federal Government. MicroMentor is a non-profit organization offering free assistance to small business in business planning, operations, marketing and other aspects of starting and successfully operating a small enterprise. You can set up a case with me at MicroMentor by going to: http://www.micromentor.org/ key words: "Federal Government Contracting"

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