Working with a WBENC-certified WBE can provide your company many tax benefits. The federal government provides tax incentives to those who conduct business with minority and women-owned businesses. Also, tax liabilities are reduced for projects funded with federal or state grants or loans when the supplier is a woman-owned business. At the state level, additional tax incentives may also be available. When you partner with Woodhull LLC, we can provide you with all WBENC certification information needed for tax purposes so your business can also enjoy some of the benefits of WBENC certification.
More Profitability and More Creativity
Research shows that companies who embrace diversity are typically more profitable than culturally homogenous companies. This is partly because workplace members from diverse backgrounds, experiences, and perspectives avoid “groupthink,” which creates greater solutions and
More Diverse Suppliers Drive Competition
When working with a WBENC-certified business, you gain access to several different channels for goods and services, which enables you to choose the best options that fit your unique business needs. Increasing your partnerships with WBENC-certified businesses gives you the added benefit of building relationships with suppliers’ diverse alliances.
Faster Turnaround Times
Since most diverse businesses are small businesses, companies such as Woodhull typically tend to be more nimble and move faster than our competitors. As a smaller creative agency, this agile advantage helps us to be more responsive to our clients’ needs, offering faster turnaround time when required.
Commitment to Diversity
Corporations and consumers seek suppliers who work with WBE’s. 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. When you partner with Woodhull, let your customers, employees, boards, and stakeholders know that you partner with a WBENC company. Include this in your presentations, quotes, and sales conversations. It may give you the competitive advantage in the decision-making process.
Commitment to a Growing Economy
Small and diverse businesses are the cornerstone of the economic growth and sustainability of our communities. WBENC-certified companies such as Woodhull are among the fastest growing sector of our economy. As small businesses grow, so does our nation’s economy. By working with a women-owned business, you show your company’s commitment to working in diverse markets and furthering economic growth.
Women’s Business Enterprise National Council aims to “foster diversity in the world of commerce. Diversity promotes innovation, opens new channels of revenue, and creates partnerships which provide opportunities that fuel the economy.” When women are economically empowered, they become engines of growth and stability for their employees, their communities, and their families.
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