How to Become a Certified Woman-Owned Business
Make Sure You Meet the Criteria
Before embarking on the certification process, it is important for business owners to understand that it is a major time investment.
The requirements for submitting an application are very stringent and must be met completely. "A lot of people want to scream when they are going through it, but they always end up happy that they got certified," says Janet Harris-Lange, president of The National Women Business Owners Corporation (NWBOC), which was the first private national certifier of women business enterprises when it formed in 1995.
The most essential requirement for achieving certification as a women-owned enterprise is majority control. That means a woman must own 51 percent of the business to qualify for certification. However, ownership is just a small part of the equation. The term ownership goes beyond numbers in this case.
In addition to being a majority owner, a woman must also be a U.S. citizen, and it is recommended that she be in business for at least six months. If you meet these three main requirements as a business owner, you can begin the process of putting together your application.
Source: inc
Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.
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