Achieving 8(a) Certification Success
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Transcript of Achieving 8(a) Certification Success
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
1
Achieving 8(a) SuccessMARIA ASUELIMEN | AMA CONSULTING LLC
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
2Course Description
This course is designed to provide newly certified 8(a) firms with the strategies and resources to be successful in the 8(a) program from the onset of their program term. We will address the components of a strategic marketing plan which is the central ingredient in success as an 8(a) firm.
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
3Course Objectives
Course Objectives Results/Outcome Expected
Set Business Goals and Objectives as an 8(a) firm
Clear sense of direction for the business for Developmental and Transitional phase of the program
Understand Federal Contracting Environment
Categorizing contacts and understanding their functions
Clearly define your company’s services/products Projecting your firms value at all times
Create Marketing Materials Professional Corporate Image
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
48(a) Overview
SBA Business Development Program For Economically And Socially Disadvantaged Small Businesses
Governed By FAR 19.8, 13 CFR 124 Program has a 9 Year Term: 5 Years Developmental Phase And 4
Year Transitional Phase Firms have to submit an Annual Review Package to maintain
eligibility in the Program Firms Can Receive Sole Source Contracts For Up To $4million For
Services And $ 6.5 Million for Manufacturing Firms Can Benefit From 8(a) Joint Ventures And Mentor Protégée
Relationships With Larger Firms
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
5Some 8(a) FACTS
About 60% of 8(a) firms NEVER get an 8(a) contract award There is not priority for 8(a) firms over companies in other small
business programs The 8(a) designation is a self marketing tool All 8(a) contracts are awarded and executed with close
involvement of SBA Most 8(a) contracts are not posted on fedbizopps or agency
procurement websites On the average, it takes about 12 – 18 months of marketing an
opportunity before it is awarded
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
6What is the one reason why an 8(a) firm succeeds?
AN ACTIONABLE MARKETING PLAN
“Give me six hours to chop down a tree and I will spend the first four
sharpening the axe.” ― Abraham Lincoln
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
7Benefits of a Marketing Plan
Helps to Narrow your organizations focus on target market: There are 480 U.S. Government Departments and Agencies and each of them have their own mission and operations.
Helps to maximize use of resources Helps to identify company’s current state and desired state Can be incorporated in to a business plan for financing Enables firms to cultivate the right relationships necessary for
contract wins
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
8Components of Strategic Marketing Plan
SWOT Analysis Goals and Objectives Business Environment: Market Entry Strategies, Competitive
Intelligence Data, Strategic Alliances Services/Product Definition: Market positioning, value proposition,
discriminators Marketing Tools/Branding: Website, Capability Statements,
presentations, social media
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
9SWOT Analysis
Strength and Weaknesses are usually internal and within your direct control such as Org structure, procedures, staff, technical capability etc
Opportunities and Threats: are usually external and outside your direct control like market trends, social, political and technological factors
S-O Strategies pursue opportunities that leverages your organizations strengths
W-O strategies that overcome weaknesses to pursing opportunities S-T strategies identify way to use an organizations strength to avoid
vulnerability to weaknesses W –T strategies establishes plan to prevent the organizations
weaknesses from exposing it to external threats
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
10Goals and ObjectivesGOALSGoals are what you want to achieve. They must be ACTIONABLE and SMART: Specific, Measurable, Achievable, Realistic and Timeline: Short term and long term Can be in terms of revenue, technical capability or positioning Set no more that 3 short term and 3 long term at a timeExamples: Bring in $1million in revenue in FY 2014, Work on 3 Heath IT projects in FY 2014, Identify a mentor firm and form a mentor protégé relationship in FY 2014
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
11Goals and Objectives Cont’dObjectivesObjectives are activities carried out in order to achieve a goal. Activities have to state who, when and where the action will be taken Must be as detailed as possible Can list as many objectives as needed under a goal Each objective MUST be tied to a goal
Example: Under goal identify mentor firm and form mentor relationship1. Tonya Freeman CEO, will write a description of ideal mentor to include firm size, location, corporate culture and qualifications and submit to Alicia Smith, VP by December 31st 20132.Alicia Smith, VP will attend 2 industry outreach events, make contacts with other companies and participants and follow up with each contact to form a relationship every month starting January.
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
12Business Environment
YOU
OSDBU/SBA BOS
Contracting Officer
Other Businesses
Program Director/
COTR
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
13Business Environment Cont’dProgram Director/COTR• This your customer or end
user• They are usually very
technical• May not have knowledge
of the best procurement vehicle
• Evaluates your proposal and performance
• Approves your invoice
Contracting Officer • Legally Binds the
Government to contract• Responsible for contract
mods, extension and all contract related issues
• Is a great resource for funding source
• “Should be” the expert on procurement vehicle and process
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
14Business Environment Cont’d OSDBU/ SBA BOS• Advocates/Offering
Letter• Resources for first
contact with Program Director/ Contracting Officer
• Resources for general information
Other Businesses• Competitors• Teaming Partners• Mentors• Mentees
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
15Defining your company’s Services/Products
Always Communicate Value Value: The monetary worth of something Value Proposition: The collection of reasons why a buyer buys Value Proposition Positioning Statement: A compelling,
tangible statement of how a company or individual will benefit from buying something specific or buying from you in general
Categorize your services based on customer targets or industry For example
Be as specific as you can when describing your services; avoid clichés like “Management Consulting” “Enterprise Architecture” “IT”
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
16Corporate Marketing Materials
Company Website Social Media Pages: LinkedIn, Twitter, Facebook, Blogs Capability statement: Brief company description, summary of
services, DUNS Number, NAICs Codes, contract vehicles and contact information
Company Overview presentation Brochures
10104 Senate Drive Suite 208 Lanham M
D 20706 www.am
aconsultonline.com
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AMA Consulting LLC10104 senate Drive Suite 208
Lanham MD 20706www.amaconsultonline.com
P.(301)577-9300