Don't Let the WRONG NAICS Code COST You Thousands
Автор: Eric Coffie on The Govcon Giants Podcast
Загружено: 2017-01-10
Просмотров: 34942
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Understanding NAICS codes is critical for businesses seeking government contracts. In this video, we break down what NAICS codes are, why they matter, and how to choose the right primary and secondary codes for your business. Did you know that selecting the wrong code can cost you millions in lost revenue? Learn how to navigate the SAM registration process, identify your key NAICS codes, and ensure your business qualifies for federal government contracts. This step-by-step guide is perfect for beginners and seasoned contractors looking to optimize their opportunities. Discover how to position your business for success in government contracting!
⏰Time Stamps:
[00:00] What is a NAICS Code?
[00:22] Why NAICS Codes Matter for Businesses
[00:40] Primary vs. Secondary NAICS Codes Explained
[01:23] Finding the Right NAICS Code for Your Business
[02:02] SBA Size Standards Table Overview
[02:50] Size Standards: Employee & Revenue Caps
[03:20] Example: Structuring NAICS Codes for Government Contracts
[03:59] Maximizing Eligibility with the Right NAICS Code
[04:40] Final Thoughts & Key Takeaways
Book Recommendations:
📖Launch your Government Contracting business: https://govconeric.com/launchbook
📖Suggested Reading: https://govconeric.com/books
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Book Recommendations:
📖Launch your Government Contracting business: https://govconeric.com/launchbook
📖Suggested Reading: https://govconeric.com/books
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