Business Question

Minor Project 1 –– Principal Application

Select a small business (based on NAICS or relevant criteria) seeking to conduct business with government entities (this may be your own business, a future business, a company you are working for, another business, etc.). Identify and select at least one active opportunity or projected opportunity (Federal, State, or local) which falls within the purview of that business. The opportunity may be an RFP, RFQ, IFB, etc., or a forecasted opportunity found on an agency’s website.

*You are welcome to locate additional opportunities

Write a 3 to 5-page report on why this opportunity was initially selected for this business

You should write this as though you are presenting justification for pursuit to the owner/executive staff. Follow the below items to form the outline of the submission.

– Begin with an executive summary followed by a brief description of the selected organization.

Include the mission statement, vision statement, etc. (if available).

Provide a description of its product/service offerings

Provide a synopsis of the opportunity (solicitation)

How does the opportunity fit into the business strategy?

What are the key factors that make this an attractive opportunity?

• Are there any initial concerns (identifiable risks) regarding this opportunity?

Are there any particular benefits related to this opportunity?

• Are there any gaps related to your company’s capabilities/qualifications in the development of a response and the execution of the contract?
• Provide a brief course of action for the pursuit of this opportunity. What are the next steps?

* Provide a hyperlink to the opportunity and attach a .pdf version of the solicitation package

• * Save all documents associated with this opportunity in a file for continued use in this course

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