Post by sheinbusiness on Sept 3, 2019 8:06:41 GMT
3 Advantages To Becoming a Certified Woman-Owned Business
1.Access to Information. Establishments that are certified, woman-owned businesses are granted access to large databases utilized by major corporations and government entities that support supplier diversity.
2.Networking Opportunities.
3.Being a certified, woman-owned business has many benefits, certification grants accessibility to various programs and opportunities. More than 9.4 million firms are owned by women, certified women-owned businesses employed nearly 7.9 million people, generating $1.5 trillion in sales as of 2015.
Businesses that apply for certification must be a minimum 51 percent owned, operated, and controlled by at least one woman, who should also have the highest assigned title in the company. Certifying entities such as WBENC asks for specific documentation depending on the type of business entity that is applying. Besides the majority stake under female control and proof of U.S. citizenship, the applicant may be requested to provide company bylaws as well to prove she has legal authorization to operate the company. The time between the submission of the paperwork and the awarding of the certification can take up to 90 days.
Women Entrepreneurs in India | Famous Entrepreneurs
1.Access to Information. Establishments that are certified, woman-owned businesses are granted access to large databases utilized by major corporations and government entities that support supplier diversity.
2.Networking Opportunities.
3.Being a certified, woman-owned business has many benefits, certification grants accessibility to various programs and opportunities. More than 9.4 million firms are owned by women, certified women-owned businesses employed nearly 7.9 million people, generating $1.5 trillion in sales as of 2015.
Businesses that apply for certification must be a minimum 51 percent owned, operated, and controlled by at least one woman, who should also have the highest assigned title in the company. Certifying entities such as WBENC asks for specific documentation depending on the type of business entity that is applying. Besides the majority stake under female control and proof of U.S. citizenship, the applicant may be requested to provide company bylaws as well to prove she has legal authorization to operate the company. The time between the submission of the paperwork and the awarding of the certification can take up to 90 days.
Women Entrepreneurs in India | Famous Entrepreneurs