There are several common mistakes that are made by small business managers in their day-to-day business practices that can affect their ability to grow and succeed.
Richard Laermer, the CEO of RLM pr (www.RLMpr.com), and coauthor of a new book called Punk Marketing, identified the following mistakes when he co-starred in Taking Care of Business, a reality show on The Learning Channel:
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Direct Costs - any cost which is identified specifically with a particular final cost objective (contract). Indirect Costs -A FAR 31.203 defines indirect cost as follows: An indirect cost is any cost not directly identified with a single, final cost objective, but identified with two or more final cost
1. Do assure that the Government person with whom you are dealing has actual authority to bind the Government. 2. Do remember to “get it in writing.” 3. Do recognize that the Government wants your intellectual property -- address that issue before you sign a contract. 4. Do treat certifications
Supporting Materials: Solutions - Answers to All Exercise for practice and future reference
Companion Workbook #2 - All Handouts and Exercises referenced during the course presentation for practice and future reference