Interview with Monica Hayes, Part 4: How IDN Helps Small Businesses
July 18, 2022 | Business Development, Government
In part 4 of 5 of our interview series, Monica Hayes shares IDN’s processes for helping small businesses, where IDN is best suited to help its clients, and some success stories they’ve had in helping small businesses win defense contracts.
To watch our full interview with Monica, click here.
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MYTH: Since the amount of goods and services the government buys is not affected by a economic downturn as private industry, the best time to begin selling to the government is during a recession.
FACT: Developing an effective government business development strategy usually takes years. Waiting until the economy is in recession to pull the trigger on a plan can doom it from the start as this strategy takes time and resources to develop….items that seem to be more scarce when the economy is in a downturn.
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