ALS IS CERTIFIED AS A WOMAN BUSINESS ENTERPRISE (WBE)
ADVANTAGES IN WORKING FIRMS THAT ARE CERTIFIED AS A WBE
Companies will often receive a 5-10% advantage from purchasers, specifically with those doing work with the Federal, State and Local government. By law most governmental institutions are mandated to give and an advantage to companies that utilize suppliers with the WBE Certification. This advantage is particularly important when companies are filling out a Request for Proposal (RFP) or Request for Quote, (RFQ). This advantage often makes the difference between firm winning and losing hard earned business.
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WBE Certification stands for Woman Business Enterprise and denotes that a woman (or women) has majority ownership and control of a business entity.
Most publicly held corporations, as well as larger private corporations, track and/or have programs for doing business with women business owners. Also, most local, state, and federal government purchasing agencies track and have programs for doing business with women-owned vendor companies. They, too, rely on WBE Certification. Corporations and other businesses often obtain purchasing advantages from their purchasing source for goods and services.
Women business owners say that WBE Certification is important to them because it adds credibility to their company, as well as being part of their business development strategy. Certification that a business is owned by a woman is required if you wish to participate in programs which require utilization and tracking of woman-owned businesses. Having WBE Certification is the only way the purchasing agents have confidence that a business representing itself as woman-owned is in fact woman-owned.
WHO IS CONSIDERED A WBE?
American Language Services (ALS) has applied and has been Certification as a WBE. ALS meets the criteria of majority ownership and control of the business. By law, majority ownership means at least 51% of the business is owned by a woman or women. This is established through the legal paperwork associated with the business. Also by law, but perhaps less exact, is the concept of control of the business. A woman has control of the business if she is the final decision maker for all aspects of the business – financial, production, contracting, etc. – or she has delegated that authority to an employee manager or another partial owner. WBE Certification is gender-based, not race-based, so a woman of any race can apply.
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