Reap the Rewards of Partnering With a WBE-Certified Company

Now, more than ever, we’ve seen a tremendous increase in women-owned businesses within the business sector. By supporting and partnering with those businesses, we are not only assisting with gender equality but also investing in economic empowerment. Organizations can achieve better innovation and creativity when partnering with a women-owned business. Businesses also receive better returns on investment, the chance to obtain partnership opportunities, and the opportunity to earn tax incentives.  

By supporting women-owned businesses, a company not only gains higher profit on its investment but also participates in the economy’s overall growth. 

Promotes Innovation and Creativity 

A diverse pool of vendors is significant and a way to show a company’s commitment to working with diverse markets. Women-owned businesses are more varied in staffing, which, in return, provides companies with different points of view and awards them with higher profits due to unique collaborations and better restructuring. By partnering with a woman-owned business, you also stand out and become more appealing to larger corporations seeking suppliers and partners who support women-owned businesses.  

Better Return on Investment

When partnering with WBE-certified businesses, companies have the potential to receive a higher return on their investment. According to Hackett Group research, companies can increase their investment by approximately 130 percent by partnering with women-owned or WBE-certified businesses. Having a diverse team means you acquire better innovation and collaboration. Recruiting diverse suppliers and contractors who are experts in their fields compared to in-house staff means lowering your operating and labor costs.

Partnership Opportunities 

Having women as part of your company supplies your business with good PR. It allows you to build stronger connections with potential clients and customers, not to mention the endless possibilities it will unlock for future business opportunities. When potential clients and customers explore businesses that support women’s leadership, you’ll have the advantage to be discovered. Additionally, women-owned companies are generally smaller, so making business decisions and responding to clients’ requests are quick and timely.

Provides Tax Incentives

The federal government offers tax incentives to partners in businesses owned by women and minorities. Companies that use a WBE-certified institution are also eligible for reduced tax liabilities for federal and state grants or loans. Some states and local governments also offer tax incentives and other tax benefits. 

HOBI is a woman-owned and WBE-certified ITAD company with more than 30 years of experience in the industry. HOBI prioritizes waste management by ensuring products are correctly recycled at the final stage. Properly sanitizing used electronics is extremely important before they end up in the wrong place and in the wrong hands.

ITAD vendors like HOBI can refurbish and resell your equipment by giving it a new life, which minimizes the toll these toxic products take on the environment. By partnering with a company like HOBI and placing your disposable assets in the hands of trusted vendors, you are avoiding many fines and penalties. Besides being compliant with the rules and regulations and avoiding punishments, companies can receive many benefits from being affiliated with a WBE-certified company. 

For more information about our ITAD services, call 817-814-2620 or contact HOBI at sales@hobi.com.