Today’s tip is about… why a Capabilities Statement is so IMPORTANT!
I often get the question from clients that I coach – “Why is a Capabilities Statement so important?” And I respond, “When you apply for a job, do you provide your resume?” A Capabilities Statement is like your Business’s Resume.
It is important to include the following in your Capabilities Statement:
- Company Data, Logo, Small Business Certifications, DUNS, Cage Code, NAICS, Contract Vehicles
- Core Competencies
- Past Performance/ Experience/ Customers/ Quotes, if available; Descriptions, if appropriate
- List Agency, Department or Company, Contract #, Value, Timeframe, Brief Description, Highlights of Success
- Differentiators/Uniqueness – should have a clear value statement detailing what makes your company different from competitors
- Important to use good grammar and spelling; use Acronyms and Government Agency Language
- Make sure it looks professional: be precise, use bullet points instead of long paragraphs
- One page, use both sides
- Pictures are nice: make it visually appealing
- Include link to company website and make sure that relevant and recent information is included
- Tailor Capabilities Statements to each agency or prime you meet (I recommend you have one section that tells why that agency or Prime should choose your company – do the research – if you demonstrate to them how you can fit in, it helps them, and they will find a place for you! Be Proactive!)
If you would like to have your company’s Capabilities Statement reviewed by The Catalyst’s Subject Matter Experts – please email me at leigh.christian@catalystcenter.org We will be happy to provide this service for no charge! We are here for you!
Leigh Christian
TechRich 7(j) Project Manager
(256) 509-1580