For many businesses, the 2032 Olympic Games offers a once in a lifetime opportunity to secure valuable government contracts which will likely provide ongoing revenue even after the Games have ended.

I’d love you all to help me celebrate the finalists and winners of the Lord Mayor’s Business Excellence awards!

Here rests a myth which stops many smaller businesses from bidding for a government contract.

A big shout-out and massive congratulations to all the outstanding businesses who’ve made it through to the finals for of the 2022 Lord Mayor’s Business Awards!

There are many Government contracts that do take months of deliberation before the contract is awarded. However, these particular contracts are often valued in the multiple millions plus.

“Pay peanuts, you get…”

Well… monkeys. You know this as well as I do. And while many might not realise it, Government is knows this as well. 

Myth 3 preventing many small businesses from bidding for Government contracts: “Ahhh, it’s all ‘jobs for the boys’. Government already knows who they want, and they make sure they get them”.

Myth 2 stopping small businesses from winning Government business:

“Government will never need our product or service”.

OK, so let’s delve a bit deeper into this myth – and it’s a myth that big business loves because they know it stops thousands of awesome small businesses from competing against them for Government contracts.

For many Government contracts, only a handful of businesses are actually raising their hands and letting Government know that they’re a viable partner for them.

Let’s take a look at the biggest myths confronting smaller businesses in relation to bidding for and winning Government business.

At this event, Thomas Pollock from Gov Ready will discuss the benefits of profitable Government revenue streams to SMEs. He’ll break down some of the myths preventing many Queensland SMEs from targeting Government revenue.

Government tenders are a great way for businesses to get new contracts, provide them with an opportunity to win new business and support the economy. However, such tenders can also be stressful and overwhelming for businesses that aren’t used to dealing with such processes. Fortunately, there are ways to make things easier and help you get the most out of your response.