It is a known fact many small businesses do not read or negotiate contracts. The same fact is true also for small businesses in the aerospace and defense industry as it relates to Government subcontract negotiations.
Here are five reasons this is important.
These five (5) reasons are not an all inclusive list of the issues you as a small business in the aerospace and defense industry should be paying attention to when negotiating a subcontract, they are, however, pointers to guide your thinking so that even without the assistance of counsel you can think about these issues instead of signing a contract in a moment of excitement without paying attention to its possible consequences for you and your business to make sure that a transaction you’re about to enter into is mutually beneficial and not so much one sided. Understand that you have leverage therefore you must negotiate.
If you have questions about Government Subcontract negotiations please reach out to me at firstname.lastname@example.org or you can schedule a consult. Also, check out this free training related to 7 Tips To Stay Compliant as Government Contractor in the Aerospace and Defense Industry.