If you’re considering getting MBE-certified, prepare yourself for some major reassurance. Minority-Owned Business Enterprise (MBE) certifications open up a world of win/win opportunities, both for your business and the companies who choose to partner with you.
But don’t take our word for it — here are just a few tidbits from the business world that make a compelling case for becoming an MBE-certified business.
“Becoming a certified minority-owned business provides you with an entirely new network of people who want to see you succeed. Doors will open with your fellow business owners, large corporations and employee resource groups.”
Our takeaway: Three words: Strength in numbers. Becoming an MBE connects you to a broader support community that can do wonders in fostering growth for your company. You can read more in the allbusiness.com article summarizing interviews from 7 members of the Young Entrepreneur Council (YEC) on their experiences.
“MBE suppliers can offer cost saving strategies due to diversity spend requirements and taking advantage of numerous federal and state tax incentives, tax breaks and potential rebates. Partnering with an MBE can also strengthen brand recognition, community outreach, company culture and marketing efforts.”
Our takeaway: An MBE just might be the competitive edge your business is looking for. Learn more on Zempleo’s blog post outlining the advantages of partnering with an MBE.
“After completing the W/MBE certification process, you are granted access to large databases utilized by major corporations, other W/MBEs and government entities that support supplier diversity. These databases allow you to search for prospective customers and clients who will benefit from the product or service your business provides.”
Our takeaway: Access, access, access. This ranges from loans to tax incentives and a lot more. Check out the article from artemia.com, 4 Little-Known Benefits of Becoming a Certified WBE or MBE.
“Corporations value the social impact of utilizing a certified minority supplier. It’s good for the community and good for business. These companies are actively seeking diverse suppliers to compete for the products and services they purchase for their organization in order to build and develop their diversity initiatives.”
Our takeaway: It’s bigger than business. An MBE means you’re contributing to a greater social cause — putting hardworking, minority-owned businesses front and center. ATR international expands on more of these benefits in this blog post.
That’s only scratching the surface of how businesses can thrive with an MBE certificate. To learn how Sage Business Consulting can help you get MBE-certified, drop us a line!