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Prepare for Success

Ideas are everywhere. Successful entrepreneurs know that not every idea is a good business opportunity. Before you bet the ranch on your idea, take the time to research who will buy your product or service and what competition you will face.

Research

While preparing your startup endeavor, be sure to research and understand the market that you will be entering. Several organizations in the Baltimore Resource Navigator offer assistance in this area (click on the links below).

Classes

Many support organizations have classes and workshops for all types of entrepreneurs.  Explore the Calendar of Events to find an event near you.

DCAA Compliance: Provisional Billing Rates

  • Dates: 31 – 31 Mar, 2021
  • <strong>Contact:</strong> Yasmin
  • <strong>Email:</strong> <a href='mailto:mrazaq@umd.edu'>mrazaq@umd.edu</a>
  • Website: http://mdptap.org/
  • <strong>Phone:</strong> (301) 405-6550

Are you DCAA compliant? A major part of government contracting is ensuring your business processes and systems are compliant with the Defense Contract Audit Agency. This class will explain Provisional Billing rates and how you can safeguard your contracts in the event of an audit.

What You Will Learn:

Provisional Billing Rates 

The presentation will provide an overview of provisional billing rates (PBR). The purpose of PBR’s will be discussed along with the procedures for establishing the rates. Participants will learn when the PBR’s should be submitted and the types of information that should be included in the PBR proposal. The importance of billing rate monitoring will be emphasized along with common deficiencies that can occur when utilizing provisional rates. The presentation will also cover example procedures that DCAA may perform when reviewing the rates.

 

About the Instructor

Mr. Joseph Greger is the Small Business Program Manager at DCAA Headquarters in Fort
Belvoir, Virginia. In this capacity, he serves as the program manager and audit expert for the
small business program with a responsibility to provide assistance, consultation, and internal
control with regard to audit requirements and their application to small business.

 
https://mdptac.ecenterdirect.com/events/14806

Counseling

The Maryland Small Business Development Centers and Baltimore Small Business Resource Center both offer no charge one on one business appointments to the public.  Find these organizations and many more near you that provide business counseling via the Resource Navigator or give us a call at 443-451-7160.