# Small GovCons Establish Boards of Advisors

Small government contractors face increasing challenges from evolving federal budgets, complex compliance requirements under FAR and DFARS, and heightened competition. Establishing a board of advisors is a strategic approach recommended to help these contractors bridge experience gaps, provide objective guidance without legal liabilities, expand professional networks, enhance credibility with government agencies, navigate regulatory compliance, and plan for business growth or exit strategies.

- **Why this matters:** Procurement professionals and small GovCons can leverage advisory boards to strengthen organizational governance and improve competitive positioning in federal contracting.
- Boards of advisors offer non-legal counsel that can help contractors interpret and comply with FAR and DFARS requirements more effectively.
- Small businesses should consider forming advisory boards to access broader expertise and networks, which can facilitate winning contracts and managing complex procurement landscapes.
- This approach supports sustainable growth and prepares contractors for potential exit or succession planning, aligning with SBA guidance on small business development.

**Jurisdictions:** federal
**Industries:** Professional Services
**Topics:** Regulatory Compliance
**Published:** September 28, 2026

### Government Entities
- Small Business Administration (SBA)
- Federal Acquisition Regulation (FAR)
- Defense Federal Acquisition Regulation Supplement (DFARS)

### Sources
- [Why every small GovCon needs a board of advisors - Washington Technology](https://www.washingtontechnology.com/opinion/2026/09/why-every-small-govcon-needs-board-advisors/416273) - Washington Technology