Did you know WORD Rock Drill is a Women Owned Small Business (WOSB)? Yes! We officially became a certified WOSB in early 2021 after seeing the value this certification could bring to our customers. Here are just a few of the ways your company can benefit from working with a Women Owned Small Business in the construction industry.
Here’s how you can benefit by purchasing from a Women Owned Small Business for your next construction project:
1) Promote Diversity in your Project
The call for diversity has exploded throughout recent years and it’s not just a fad. Many companies have devoted significant time and resources into establishing diversity among their internal workforce and within the companies they choose to partner with. Although its easy to think of diversity as a primarily internal issue, it can also play a major role in the interaction between companies within an industry. The case is no different within the construction industry! Working with a WOSB for your next construction project, whether its through contracting, sourcing, or manufacturing, increased the diversity of that project and your company.
2) Meet your Government Sponsored Incentives
At both the state and national level, the government plays a big role in the construction industry. Many construction contracts are government related through infrastructure, utility, or military scale projects. In these circumstances, the federal government often offers tax incentives to companies who choose to work with minorities and women-owned businesses. There can also be opportunities at the state level for tax incentives when working with a Certified Women Owned Small Business on your next project. Take a look at the offerings on your next government contract bid and see what opportunities are available to you simply by choosing to work with a WOSB!
3) The Certification makes it Official
What does it mean to work with a *Certified* Women Owned Small Business? That certification mean that over 51% of the company is owned by a women. It also means that the company went through all the processes and paperwork to be officially recognized and listed as a WOSB. This official recognition gives you the confidence and assurance that the company you are working with is legitimate.
See the article in Foundation Drilling here.