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As small businesses begin to grow on a national scale, the competition for federal contracts becomes fiercer. With an increased number of small businesses to compete with, it is important to distinguish yourself from the competition. For women business owners this means certifying as a women-owned or minority women-owned business. There are many entities that offer third-party certification for business owners, but The National Association of Women in Real Estate Businesses is the only third-party certifier specific to women working in the real estate industry.
As a business owner you seek opportunities to boost profit and the visibility of your business and no opportunity is greater than a federal contract. Federal contracts present an individual and their business with a high level of professional notoriety and can be an extremely lucrative opportunity. However, traditionally federal contracts have been granted with unbalanced attention to demographics. It is for this reason that certifying your business as women-owned or minority women-owned is essential in todays industry. By certifying your business through NAWRB you show your company is women-owned on paper, women-operated in practice, and is experienced in the real estate industry.
Through the Dodd-Frank implementation of the Office of Minority and Women Inclusion and the creation of Provision 342, federal agencies are now required to meet certain standards for the inclusion of women-owned businesses in contracting opportunities. When federal institutions, such as the Department of Housing and Development (HUD), grant contracts they look for candidates who will fulfill their diversity requirement standards and a certified women-owned business meets those standards.
Are you a women-owned business in the Real Estate industry looking to certify your business? Visit our certification page to learn more about NAWRBs Women-Owned Business and Minority Women-Owned Business certification. Contact us today and we will help you begin the certification process.
Women-Owned Business Certification
Are you a women-owned business in the real estate industry looking to certify your business? Read about the benefits of certifying your business with NAWRB.