Canadian Federal of Independent Business. Big Opportunities, Bigger Assignment

Canadian Federal of Independent Business. Big Opportunities, Bigger Challenges - Assignment theoretical accountThe report nones that confusing process of application, too much paperwork, and complex rules system frustrates the attempt of these enterprises to access federal procurement. The federal government recognizes the economic benefit of greater SME participation and involvement in procurement, but out-of-pocket to the many existing measureriers, suppliers in these enterprises are locked out of many the available opportunities. This is a critique of this CFIBs opinion that big opportunities are accompanied by bigger challenges, where the information found useful and applicable is highlighted followed by a recommendation on whether or not the report is worth being conduct by small business owners. Parent (2011) says that CFIBs conducted several surveys on SMEs Perspectives on Procurement to suss out the barriers which hinder transactions between that federal government an d the SMEs. The survey reveals that there are about 60% of SMEs respondents who either feel selling to the federal is difficult, hence not worth the effort, or choose not to sell to the government. The rest of the respondents claim that there is no government effort to buy their product and portion types. This, according to CFIB findings, is due to many barriers many of which are related to government procurement policy making. CFIBs point that the restrictions put in place by government officials responsible for policy making bar SMEs participation in procurement is agreed upon. This is because most of these restrictions lead to death of involvement of smaller entrepreneurs in procurement.