The Government as Benefactor for Selected Stocks (Part 2)
The US federal government awards contracts exceeding $200 billion a year. Proportions of this largesse are reserved for small business owners, as well as for veterans, women, and other disadvantaged groups. The government also has special programs to assist small business owners make successful bids, and to break in to areas with large and sole suppliers. It is worth learning the ropes with respect to making winning bids for government contracts, and some of the expertise is in helping administrators draft appropriate tender specifications. It takes many years of hands-on experience to appreciate all the nuances of dealing with the holders of government purse strings, and the best corporations have full-time experts for this profitable function.
A Global Route for Top Values of Stocks
Management consultancies are perhaps the best and safest kinds of enterprise when it comes to milking government budgets. Quality parameters are nearly impossible to specify, which leads to enormous discretion in terms of the rates paid, and the durations over which services are procured. Consultancy is something which every government can demand, though some countries may occasionally favor certain chosen providers.
Specialization is a profitable route to building a niche in government business. There are no limits to creativity in terms of functional areas in which specialization is claimed, and competitors may find it nearly impossible to enter this lucrative field-at least until a new government is voted in to office!