When a small business is weighing whether or not to enter the world of federal government contracting, there are number of costs and benefits that must be considered. While the government can be a great source for non-dilutive funding to grow your business and expand your technology, there are also a number of compliance requirements from the FAR, DCAA, DCMA, GAAP and others that your accounting systems, timekeeping systems and other back office functions must meet. The government can also audit your business.

It is important that a small business prepare itself for the requirements that the government will place on them, and having a partner like ReliAscent, will help your business stay compliant with the Government and DCAA, and protect your bottom line.

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