Do mid-size companies provide any advantages over either a small business or an industry behemoth?, assignment help

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REPLY 1

Do mid-size companies provide any advantages over either a small business or an industry behemoth? If so, what?

Should there be a “mid-size business” preference or set-aside program? Why or why not?

The small business administration (SBA) categorizes businesses in various industries as small and this usually depends on how many employees the company has or how much revenue it generates. Much as the United States Government does not officially recognize mid-size companies, I do think that they could provide an advantage over either a small business or an industry giant.

According to Rep. Gerry Connolly, “innovative, high-performing small businesses are becoming victims of their own success; graduating from small business programs only to find themselves in the untenable position of facing off against multi-billion dollar firms” (2011). Small businesses when they outgrow their specific set-aside programs needs help to survive the next phase of their business when they face off against the major federal contractors with no help from their size status.

Therefore, I think there should be set-aside for mid-size businesses who are essentially high performing and successful “small businesses” but have outgrown their specific set-aside programs. Having these set asides will enable small businesses to grow and graduate into mid-size companies while using it as a stepping stone into the world of full-and-open competition.

Reference:

Weigelt, M., (2013) Set-aside for mid-tier companies still possible. Retrieved December 1, 2016 from

https://fcw.com/articles/2013/02/19/mid-tier-set-aside.aspx

REPLY 2

You are a service disabled veteran Asian female working for a Contractor and see some lucrative business opportunities if you establish your own company. But, you know it takes a lot of cash/capital to start your own business – and you also want to hedge your bets – so you’d like to keep your current job too. Therefore, you ask your boss if you could perform your current technical position as a subcontractor (through your own business) rather than as an employee.

What are some of the potential issues and concerns that might arise from this scenario?

Being a subcontractor typically does not give you the rewards/advantages as one would have as a business owner with those special statuses (disabled veteran Asian female). Performing as a subcontractor mostly earns the benefits of self-employment, but not business breaks, available to business owners. Self-employed contractors typically get to earn a higher rate.

There are favored advantages available for bidding on new government work (ie: GSA prefers service disabled veterans for their projects). Being an Asian woman will also receive favored status when securing new public sector jobs, as such projects have mandated participation from socio-economic groups.

There are concerns, such as being able to maintain disability status when being able to work as an employee or as a self-employed contractor. Any related benefits or support income might be at risk of loss if you decide to attempt owning your own business. There may be limits on the amount and type of projects you can pursue without other employees, or a track record of successful completion of projects.

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