Army Office of Small Business: End Of Year Checklist for Small Businesses

The end of the year is crucial for small businesses to review and prepare for the year ahead. From updating certifications to enhancing cybersecurity, the Army Office of Small Business Programs has you covered. Use this checklist to ensure your business thrives in 2025.

✅ Review Your Legal Documents and Certifications

• Ensure your business licenses, permits, and registrations are up to date. The SBA offers guidance on maintaining compliance with federal, state, and local regulations. 
• Apply for any certifications with the new SBA certification process. To learn more visit Certify.SBA.gov. 
• Refine Capability Statements with any past performance. Learn more about crafting an effective capability statement.

✅ Explore New Opportunities

• Explore upcoming contracting opportunities. Regularly check Acquisition.gov for new government contracting opportunities that align with your business capabilities. 
• Use the GSA forecast tool, which provides information on expected federal contracting opportunities. You can filter data by agency, location, NAICS Code, contract type, and more. Check out the GSA Forecast Tool for more details.
• Utilize SubNet, an SBA-managed database, to view subcontracting opportunities. This site features opportunities posted by large prime contractors looking for small business partners.

✅ Strengthen Your Cybersecurity

✅ Take Advantage of Free Mentorship and Support

• Schedule a meeting with your local APEX Accelerator to discuss your business goals and receive free tailored support and resources.
• Reach out to SCORE Mentors for expert advice on business strategy, marketing, and operations. Their mentorship can provide valuable insights to help your business thrive.

✅Start Financial Planning 

• Analyze your income statement, balance sheet, and cash flow statement to understand your financial health. Visit IRS.gov for the latest tax updates and resources. 
• Prepare for Tax Season by gathering all necessary documents, such as receipts, invoices, and payroll records. Consider consulting a tax professional to ensure compliance and maximize deductions.

As you complete your end-of-year preparations, remember that small, strategic actions today can lead to big successes tomorrow. For more information and support, visit army.mil/osbp.