Small businesses contracting with the federal government will be first to feel the effect of the sequester, the name for across-the-board federal budget cuts that went into effect in Washington Friday.
For example, an estimated 35 percent of suppliers to the U.S. Defense Department are small businesses, according to the U.S. Small Business Administration.
In 2011, the department awarded 20 percent of its contracts and 35 percent of subcontracts to small firms. Those small businesses benefited at the time, of course. And all of their employees and subcontractors benefited too.
To read the full, original article click on this link: What You Need to Know About the Sequester
