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Elon Muskisnt just a tech genius.
Hes also a master of leveraging government money to grow his companies.
However, you dont need to be a billionaire to profit off the government.
Start a Small Business
The government isnt just writing checks to billion-dollar companies.
Its actively looking to work with small businesses.
In fact, a huge portion of federal contracts are reserved for them.
If youve been thinking ofstarting a small business, now may be the time.
The federal government spends over $700 billion on contracts with private companies every year.
And its not all just for big corporations, said Kari Brummond, an accountant atTaxCure.
According toKizzy Parks, founder of Govcon Winners, the barrier to entry is surprisingly low.
Its really that simple.
Simply register, and you might begin browsing and bidding on available contracts.
Whether you offer janitorial services, waste removal orconsulting, there are contracts available.
There are plenty of government contracting businesses selling for hundreds of thousands to a couple of millions.
People can get paid helping people who are in government contracting, Parks noted.
They can help in areas like recruiting, staffing, and making sure that the person gets paid.
If youre organized and reliable, this can be a smart way to profit off the government indirectly.
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