ATL Search Group is proud to announce its recent classifications that include, the Women’s Business Enterprise (WBE) Certification, Minority Business Certification (MBE), Disadvantaged Business Enterprise (DBE) Certification, and the Women-Owned Small Business (WOSB) Certification. Acquiring these certifications requires a lengthy and intensive process that involves a complete formal documentation process and site visits from several regional small business organizations including the GMSDC and WBENC.
“I learned of minority certifications two years ago and recognized how having them could help our clients. We worked for close to twelve months to complete the paperwork and receive the certifications. After going through the intense vetting process, I understood why being certified is so highly valued,” shares Lisa Clarke, founder and CEO of ATL Search Group.
That’s why ATL Search Group is proud to be part of this program, which not only offers us great opportunities and partnerships as a supplier diversity business and in turn, the opportunity to pass on benefits to our clients.
It is for these reasons that ATL Search Group is highly proud to be a part of such programs. Programs that not only offer us great opportunities and partnerships as a supplier diversity business, but also allows us to pass on benefits to our clients.
5 Benefits of Partnering with a Certified Women’s Business Enterprise
Working with a Certified Women’s Business Enterprise (WBE) affords companies benefits such as:
- Provide Tax Incentives
The federal government offers tax incentives to companies that do business with minority and women-owned businesses. They are also programs that reduce tax liabilities for projects funded with federal or state grants or loans when the supplier is a women-owned business. In certain states, tax incentives may also be available. When you partner with ATL Search Group, we provide all of the pertinent certification information for your tax filing purposes.
- Increase ROI and Lower Cost of Procurement
A recent study conducted by the Hackett Group demonstrates that working with a certified business can increase profitability with as much as 130% return on investment, offering competitive advantages for procurement organizations. Furthermore, the research determined that procurement organizations who work with a diverse supplier base also had lower overall operating costs and spent 20% less on their buying operations.
- Increase Supply Channels, Diversifying Sources of Goods and Services
By partnering with minority and women-owned certified businesses you increase your sources for goods and services permitting you greater opportunities to analyze options that best fit your organization’s needs.
- Add Creativity and Innovation
Smaller companies are typically scrappy and nimble, offering a higher degree of creativity and innovation than larger organizations burdened with processes and red tape. Working with certified small business permits for quicker turn-around time, agility and quick adjustments to improve results.
- Demonstrate your commitment to Diversity and Inclusion
Certified Minority and Women-owned businesses make up the fastest-growing sector of our economy. Working with a women-owned business, demonstrates your company’s commitment to working in diverse markets and furthering economic growth in local communities. As a supporter of supplier diversity, your business becomes more attractive to corporations that are seeking second-tier sourcing suppliers that work with women-owned businesses.
According to WBENC, the Women’s Business Enterprise National Council, WBENC certification standard is the most relied upon certification of women-owned businesses as a supplier diversity business program. This certification validates that a business is 51 percent owned, controlled, operated, and managed by a woman or women.
Women’s Business Enterprise National Council WBENC aims to “foster diversity in the world of commerce. Diversity promotes innovation, opens new channels of revenue and creates partnerships that provide opportunities that fuel the economy.”
For more information about the WBENC certification, you can visit www.wbenc.org.
We’d love the opportunity to share why ATL Search Group can be a great diversity staffing partner for your company.
Resources:
http://www.on3promopartners.com/huge-benefits-businesses-partner-wbenc-supplier https://smallbusiness.chron.com/tax-incentives-using-minorityowned-business-30659.html