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Building Your Govcon Firm From The Ground Up
Government Contracts University GOVCON U Building Your Govcon Firm From The Ground Up Milton Johns Partner
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Milt Johns Partner, FH+H
Has spent 30+ years in government and defense contracting arenas in a variety of roles Appeared and argued in General District and Circuit Courts of numerous Virginia jurisdictions, the Supreme Court of Virginia, the U.S. District Court, Eastern District of Virginia, the U.S. Bankruptcy Court, Eastern District of Virginia, U.S. Court of Federal Claims and the U.S. Fourth Circuit Court of Appeals
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– Introduction – Representation – “I’m not your attorney … yet
– Introduction – Representation – “I’m not your attorney … yet.” – The Serious Issue of Lawyer Jokes – “Can I get sued for that?”
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Getting Started Formation Regulatory Filings
Sole Proprietorship and “DBA” Corporation (C or Subchapter S) Limited Liability Company (LLC) Partnership/Limited Partnership Regulatory Filings Agreements – Bylaws and Operating Agreements
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Getting Started Cont’d
Next Steps Tax ID – Federal and State Bank Account Web site Business Cards
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Getting Started Cont’d
Further protections Commercial General Liability Insurance Professional Liability Insurance Workers Compensation Insurance Bonding
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Employees Employment Agreements – “At Will” Employment in Virginia
Eligibility to work in the US – I-9 and E-Verify “W-2” versus “1099” employees
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Affordable Care Act Impact
50 or more employees full time and part time Full time defined as 30 or more hours per week 50 or more full time employees is a “large employer” If a large employer does not provide a certain amount of health care insurance to full time employees, it is subject to “Employer Shared Responsibility Payment” Potentially up to $3,000 per employee
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Other Considerations Leasing vs. Buying vs. Home Based Business
Accountant/Payroll Service Information Technology Continued Legal Representation
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Other Considerations Cont’d
Intellectual Property Patents Trademarks Copyright “Trade Secrets”
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Up and Running Doing Business with the Federal Government
Registration in D-U-N-S (Dun & Bradstreet) Registration in System for Award Management (SAM) Commercial and Government Entity (CAGE) code North American Industry Classification System (NAICS) code
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Up and Running cont. Small Business Administration Socio-Economic Programs Small Business Woman Owned Small Business (WOSB) Small, Disadvantage Business (SDB) and the 8a Program Veteran Owned Small Business (VOSB) Service Disabled, Veteran Owned Small Business (SDVOSB)
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Up and Running cont. The First Contract… Subcontract opportunities
Small Business Set Aside contracts Mentor-Protégé Agreements Remember, it’s not what you are, it is what you can do.
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Questions? For More Info www.fhhfirm.com (703) 590-1234 Milt Johns
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