Material Costs UP 40%: Are Your Government Contracts About to Bankrupt You?

In this episode of The Daily Windup, Eric speaks with Brian, an entrepreneur and compliance officer, about his experiences in the government contracting industry. Brian's firm specializes in working with government agencies on various projects, focusing on compliance and driving opportunities for minority and women-owned businesses (MWBEs). Brian shares how his office in Manhattan transitioned to remote work during the pandemic, and he emphasizes the importance of living near an airport to serve clients nationwide. They discuss the types of projects Brian's firm handles, ranging from smaller contracts with MWBE requirements to large-scale projects worth millions. The conversation delves into the challenges faced by smaller businesses working with larger primes and how Brian's firm ensures a level playing field and fair treatment. Listeners learn about the struggles of cash flow for smaller entities, and Brian provides insights into how they support these businesses through innovative payment schedules. The episode concludes with a focus on the ultimate goal of driving growth for MWBEs, enabling them to outgrow their certifications and graduate as successful and independent companies. Join us for this insightful episode on empowering small businesses and fostering growth in government contracts. Tune in for more episodes of The Daily Windup, where we highlight the stories of successful entrepreneurs in under 10 minutes.