In today’s fast-paced business landscape, standing out from the competition is more crucial than ever. Innovating companies are constantly searching for strategies that can give them an edge. One emerging strategy that’s making waves is forming partnerships with Women’s Business Enterprises (WBEs). This collaboration isn’t just a trend; it holds the potential to open up a wealth of unique opportunities and drive impactful change within your organization.

How WBENC Helps Women Entrepreneurs

The Women’s Business Enterprise National Council (WBENC) is a transformative force for women entrepreneurs, providing a wide range of resources designed to empower them to thrive in a competitive business environment. One of the primary ways WBENC supports women entrepreneurs is through its certification program, which validates businesses as women-owned and operated. This certification opens up new business opportunities by connecting women entrepreneurs with corporations and government entities looking to diversify their supplier base. It is a gateway to millions of dollars in contracts that may otherwise be difficult to access.

WBENC certification is more than just a label; it signifies quality, commitment, and excellence. Businesses that receive WBENC certification undergo a rigorous vetting process to ensure they meet high standards of women’s ownership, operation, and management.

When you partner with a WBENC-Certified WBE, you’re working with a company that has demonstrated:

• Strong leadership
• Financial stability
• Commitment to growth and excellence
• Adherence to ethical business practices

Economic Impact: Fueling Growth and Profitability

When you partner with a WBE, you’re not just making a business decision; you’re investing in economic growth. WBEs are powerhouses of economic activity, consistently outperforming their peers in various sectors.

Did you know? A study revealed that working with a WBENC-certified business can yield a staggering 130% return on investment. That’s not just growth; that’s explosive expansion! This financial benefit alone makes partnering with a WBE a compelling business decision.

Diversity Compliance: More Than Just Checking Boxes

Today’s business world keeps employees first in the scheme of things. Meaning: diversity and inclusion are not just buzzwords but crucial to corporate success. Partnering with a WBE is a tangible way to demonstrate your company’s commitment to fostering a diverse and inclusive business ecosystem.

A diverse supplier base:

• Enhances your company’s reputation
• Attracts top talent from all backgrounds
• Improves employee satisfaction and retention
• Resonates with a broader customer base
• Offers you tax and other federal benefits 

Access to New Markets: Expanding Your Horizons

Women’s Business Enterprises often have unique insights into untapped markets. Partnering with these enterprises can be a valuable ally in exploring new territories and reaching diverse customer segments.

This expanded reach can lead to:

• New customer acquisition
• Increased market share
• Enhanced brand visibility in diverse communities
• Improved product and service offerings tailored to specific market needs

Tax Benefits: A Financial Win-Win

Partnering with a WBE isn’t just good for your business operations; it can also benefit your bottom line. The federal government offers tax incentives to companies that partner with minority and women-owned enterprises.

But that’s not all. Working with a women-owned business can substantially reduce your tax liabilities for projects funded with federal or state grants or loans. It’s a financial win-win that boosts your profitability while supporting economic diversity.

Consider the success story of Legacy Materials, a WBENC-certified women’s Business Enterprise (WBE). As a certified WBE, Legacy Materials has leveraged its status to compete for federal contracts, expanding its business opportunities and contributing to economic growth. By partnering with companies like Legacy Materials, you contribute to a larger mission of economic empowerment and diversity in American business.

Legacy Materials is also a member of the Iowa Economic Development Authority’s Targeted Small Business (TSB) Program.  

Footnote

1. IOB TSB Certified: The Iowa Economic Development Authority’s Targeted Small Business Program supports women, minorities, service-disabled veterans, and individuals with disabilities in starting or expanding small businesses. 

Partner With Legacy Materials: A WBE

Legacy Materials is a supplier of sand and aggregate materials, including Iowa DOT-certified concrete sand, D-57, and Porous Blackfill. Whether you are starting a residential or commercial project, we prioritize understanding your needs to provide you with a seamless experience.

We would love the opportunity to provide you with a bid for your next project. You can easily submit a bid request online using our secure bid request form here.

Take Action: Empower Your Business Today

Partnering with Women’s Business Enterprises offers clear and compelling benefits. At Legacy Materials, we provide numerous advantages that can drive your business toward economic growth, innovation, diversity compliance, and even tax benefits. This partnership goes beyond business; it represents an opportunity for growth and creativity. 

Don’t miss the chance to transform your business landscape. Call Legacy Materials at 515-432-7333 to take the first step toward a more diverse, innovative, and profitable future.