Small Business Preference Essay

The purpose of this article will, therefore, be to discuss some of these programs and evaluate how they would be useful in making my company gaining a competitive advantage over the larger multinational business which builds aircrafts. Programs The Service-Disabled Veteran-Owned Businesses Program (SDVOSB) This program developed a procurement program for the small businesses which are owned as well as controlled by veterans that are service-disabled (Best, 2012). The program mainly offers some assistance of federal contracting to the SDVOSBs. Precisely, it stipulates that 3% of the total value of the entire prime contract and the sub-contracts awards in every fiscal year are given to the small businesses which are owned as well as controlled by the veterans who are service disabled (Best, 2012).

This program will evidently be helpful for my business in that it would be easier for me to get contracts and financial assistance from various procuring agencies as compared to the other multinational companies. This program will also be beneficial for my business more so because I intend to develop it in my retirement area that is considered as an underutilized business zone. The benefits that I would, therefore, gain from this program is that I would be able to acquire some sole source and competitive contract opportunities easily. I would also receive a price evaluation preference of up to 10% in both open and full contract competitions and sub-contracting opportunities (Regulation, 2013). These are some of the opportunities that the other multinational aircraft companies do not enjoy something that will give me a higher competitive advantage.