Currently, there are over 1.76 million veteran-owned enterprises in the United States that generate around $1 trillion in annual sales for the economy. When you consider the ever-increasing demand for products and services offered by veteran-run businesses, these numbers are only expected to grow further in 2023. Having said that, the main challenge for suchRead More..
More than 4 million businesses in the US are owned by Veterans which is approximately 9 per cent of total firms available! Source: Entrepreneur These numbers clearly identify how rapidly veteran-owned businesses are increasing in the US. Undoubtedly, this number is only expected to grow in the future. However, there are still a lot ofRead More..
POSTED: November 4, 2022
These days, most small businesses owned-&-managed by ethnic minorities, women, veterans, and other underrepresented groups are availing certifications to strengthen their operations. Diversity certifications are definitely on their high-priority list. But why has getting accredited become so important? How do these certifications help disadvantaged business owners? If these are the questions on your mind, you’llRead More..
POSTED: October 14, 2022
As per the female entrepreneurship statistics, women own up to 22.4% of small businesses! Well, surely the numbers are low but are significant. Being a woman entrepreneur is not as easy as it seems. Things and rules are quite different when it comes to businesses owned by women. That is why most women choose notRead More..
Did you know? As per an annual business survey, 18% of US businesses are minority-owned. Source: https://bit.ly/3xdpArD Unfortunately, minority businesses have to struggle hard to establish themselves in the marketplace. But what is the reason behind it? What factors are stopping all these minority-owned businesses from growing? They have to struggle hard in terms ofRead More..
POSTED: September 26, 2022
Before we explore the scope of growth possibilities that a Supplier Diversity certification opens up for businesses, it is important to understand what ‘Supplier Diversity’ means. The term basically refers to a supply chain that engages U.S. companies, where over 51% of ownership (and management) lies in the hands of individuals belonging to underrepresented groupsRead More..
Did you know? Nearly 30 million US businesses are small-scale businesses. Out of these, 8 million businesses are diverse and veteran-owned. These statistics reflect the bright future aspects of veteran-owned businesses! So heading toward veteran-owned businesses can be a desirable option for veterans. The field offers lucrative opportunities to veterans especially after retiring from theRead More..
Almost 67% of businesses consider Lead generation as their biggest challenge. Even after the advancement of technology, identifying new and potential customers and lead generation continues to be a nightmare for all business owners. However, there is no doubt that lead generation techniques are important to promote and scale your business. A steady stream ofRead More..
POSTED: August 15, 2022
As a part of the infrastructure of any company, documentation is a vital component. When it comes to certification and quality assurance, it means there are plenty of requirements for different kinds of documents and information needed for one’s certification. Understanding and managing the documentation to validate business certification is vital when applying and shouldRead More..
Do you know the significance of a women-owned business certification? The National Association of Women Business Owners reports that there are millions of women-owned agencies in the United States. The certification of women-owned businesses enables them to qualify for special government contracting opportunities and other public corporation activities. Let’s take a closer look at howRead More..