50 Small Business Trends and Predictions for 2016
Mr. Uzailko collected dozens of predictions and ideas for small business in the coming calendar year. Some of his top predictions include leveraging technology to address difficulty in hiring skilled professionals, raised customer expectations, and increased emphasis on the ‘human connection’ within organizations. When it comes to technology, small businesses will improve security measures against cyberattacks while mobile platforms will be a key aspect to reaching millennials and target markets.
5 Trends Shaping Federal Contracts in Fiscal 2016
For 2016, federal contracting trends include both grim and positive outlooks. On the top of Bloomberg Government’s list is the impact of budgetary constraints and the slow growth of discretionary spending on keeping contracting prices low. Conversely, the number of small business set-asides, small businesses on multiple award contract vehicles (MACs), and small businesses serving as prime contractors will continue to add stress to the larger businesses in the industry. As a result, the small and mid-sized consulting firms that can keep expenses low and focus on services most needed by government agencies will be positioned well to offer affordable and high quality solutions for critical federal challenges.