Articles & Bylines

The end of the federal fiscal year is fast approaching

"Businesses looking to sell to federal agencies should take steps to land federal business quickly. The federal buying season, according to Joyce Bosc, president of Boscobel Marketing Communications, is late in the summer and early fall, "when government agencies are racing to spend the remainder of their annual budgets by the end of their fiscal year on Sept. 30."

"Federal agencies, adds Bosc, face a use-it-or-lose-it situation, because they have to spend their money by the end of September or lose it forever. "The end of the federal fiscal year can be a busy time but very profitable for a business development professional who is up to the challenge."

"Bosc's firm, which was founded in 1978 and is based in Silver Spring, Md., offers a variety of services to government agencies, businesses and trade groups. It has a GSA contract to provide branding/image development, marketing, public outreach, advertising, graphic design, Web design, and trade show services to federal agencies.

Federal agencies, adds Bosc, face a use-it-or-lose-it situation, because they have to spend their money by the end of September or lose it forever. "The end of the federal fiscal year can be a busy time but very profitable for a business development professional who is up to the challenge."

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