Daily Archives: March 9, 2017

What is the Value of Your Small Business and Why is it Important?

Understanding the value of a small business is critical for owners. Yet many business owners consider value simply from a balance sheet perspective, assuming the reported level of net assets approximates the value of the business. While the reported net assets could be a meaningful value proxy for certain businesses in certain situations, more often than not this is not the case. Why? Because for a typical small business, intangible assets will not be reflected on the balance sheet.
The presence of one or more intangible assets in a business, such as the examples shown to the right, …read more

Read more here:: Beyond The Numbers

GSA Roundtable on Transactional Data Rule Highlights Industry Concerns

On February 7, the General Services Administration (GSA) hosted a roundtable panel event to discuss its pilot program under the Transactional Data Reporting (TDR) rule. The discussion included Kevin Youel Page, the Deputy Commissioner of GSA’s Federal Acquisition Service (FAS); Judith Zawatsky, the Director of GSA’s Multiple Award Schedule (MAS) Program Management Office; Elliott Branch, the Deputy Assistant Secretary of the Navy (Acquisition & Procurement); and Larry Allen, the President of Allen Federal Business Partners.

GSA began the event by providing an update on contractor participation in the pilot. Over 1,000 GSA Schedule contractors have opted in for TDR …read more

Read more here:: Government Contracting