OUR BENEFITS OF PARTNERING WITH A WBENC – CERTIFIED WOMEN’S BUSINESS ENTERPRISE
Control Specialties has been a certified WBENC Woman Owned Business since August of 2006. We proudly joined the over 11.6 million industrious, hard working woman owned businesses in the U.S. When a company partners with a WBENC-Certified Women’s Business Enterprise (WBE), they gain benefits such as:
1). Tax Incentives
Working with a WBENC can provide your company many tax benefits. The federal government affords tax incentives to those who conduct business with minority and women-owned businesses. Additionally, tax liabilities are reduced for projects funded with federal or state grants or loans when the supplier is a women-owned business. Some states may have tax incentives available.
2). Shows your Company’s Interest in Working in Diverse Markets
WBENC-certified WBE’s are among the fastest growing sector in our economy. By working with a women-owned business, you show 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 who are seeking second-tier sourcing suppliers that work with women-owned businesses.
3). Promotes Innovation and Creativity
Smaller companies such as Control Specialties typically bring innovation to the table in order to stand out among their competitors. As a smaller company, we have the advantage of agility, making course corrections, with faster turn-around time if required and implementing innovative strategies to meet the needs of our customers.
4). The Hackett Group conducted research that shows that by working with a WBENC-certified business, you can increase profitability with as much as 130% return on investment, providing distinct competitive advantages. Additionally, the research concluded that procurement organizations who work with a diverse supplier base also had lower overall operating costs and spent 20% less on their buying operations.
Connect with us today, we would enjoy the opportunity to share why we would be a great supplier diversity partner for your company!!!!
Certification Granted: 08/02/2006 WBENC National Certification Number: 260609