What’s Women Business Enterprise (WBE) certification and just what advantages will it provide your small business?
Like a lady-owned business, you might have been forwarded to certification from your clients. If you’re a lady-owned business that is incorporated in the transportation industry, for example, you might possess a client is searching for any lady-owned company to carry out a number of the work. Since they already know that, like and trust you, they might encourage you to obtain the certification to allow them to “look into the box” as they say. In some cases, a lady-owned business will look for certifications with the expectation that it’ll yield possibilities. Based on where you want to gain the certification determines what kinds of possibilities you will probably get.
You will find usually WBE certifications offered at the Condition, County or City level. These certifications are particularly helpful in case your company is searching for contracts with individuals agencies. WBE certifications may also be acquired on the National level by various certifying agencies. The primary national certifying agencies would be the Women’s Business Enterprise National Council (WBENC), the nation’s Women’s Business Proprietors Council (NWBOC) and also the U . s . States Women’s Chamber of Commerce (USWCC).
Certification in the aforementioned agencies will oftentimes, permit you to streamline the procedure along with other agencies. The SBA’s Lady-Owned Small Business (WOSB) program, for example, enables WBE certification from one of these simple companies that need considering third party verification. This third party verification greatly reduces the quantity of documentation that’s needed to approve a business entity like a WOSB.
An execllent advantage of certification from all of these agencies is the extensive corporate memberships. These agencies have relationships with major corporations which are searching to obtain products or services from women-owned companies. Many of the Fortune 500 companies take part in some type of diversity procurement efforts since it is victory-Win proposition for that company. It’s good for that small business community when contracts are awarded to small local business. The advantages towards the company are some the organization will frequently get tax incentives if thresholds are met using their procurement needs, the company will get the positive public perception by purchasing from small business, and also the shareholders take advantage of the positive public image by growing stock values
So although certification help you in acquiring Federal, Condition County and city contracts, but additionally available sector.Gaining your WBE certification isn’t as arduous as well as in depth as a few of the others. So, if you feel it might supply you with a competitive advantage, then understand the process or Certification Consultants LLC to find out if we can help you.