Subcontractor vs. Prime: Key Accounting Differences For a Government Contractor

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Many small businesses begin their journey in government contracting as subcontractors (DCAA Accounting), gaining valuable experience and building a reputation before potentially pursuing prime contracts. While both roles offer significant opportunities, the accounting requirements for subcontractors and prime contractors differ significantly. Understanding and mastering these distinctions is crucial for financial health and compliance. At BBG […]

The GovCon Cash Flow Crunch

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The GovCon Cash Flow Crunch: How to Manage and Forecast Your Finances Between Invoices For government contractors, winning a contract is a major victory. But as any seasoned GovCon leader knows, the celebration is often short-lived. The next great challenge begins almost immediately: managing the money. The government, while a reliable customer, can be slow […]