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Digg it UP - A Golden Opportunity for Women Business Owners in a $15 Billion Market
I recently spoke with a retail merchant who told me that she was not too concerned about the fees that we assess. While I was detailing all relevant rates, she asked me a very interesting question: “How much do you think that I should charge my customers to make up for my credit card processing costs?” She added, “I would like to charge a surcharge.”I had an instant flashback to the time I placed a food order with a
Another fascinating statistic from a different organization, the Center for Women’s Business Research states that:
* Businesses majority-owned by women of color have grown six times faster than all U.S. firms between 1997-2004. The number of firms increased by more than half (55%), number of employees increased by nearly two-thirds (62%), and annual sales revenue increased
Today I am joined by Richard Robbins, the Founder and CEO of Richard Robbins International . Rich has been gracious enough to take the time to give invaluable advice and knowledge to my readers, and I know that this will be a message which will inspire growth.Q: How did you get started in the field of achievement coaching?A: I started a Real Estate Company in 1988 and struggled for the first few years. I quick
The federal government, along with many states and local government agencies, maintain goals regarding the contracts they target for women-owned businesses. The federal government’s goal is 5% of the more than $300 billion in federal contracts which amounts to $15 billion in business opportunities that should be won by women-owned firms. This is both good news and bad news. The bad news is that this goal has never been reached. The good news is that there is a greater opportunity now than ever before for women-owned firms to tackle and win contracts in the government market.
This is a time of golden opportunity because the SBA has finally issued the proposed regulations to implement the formal women's federal procurement program which was approved as law over five years ago, but never enacted. This important program provides a targeted option to enable federal contracting officers to "set-aside" certain procurements for women-owned businesses. This creates an unprecedented opportunity for qualified women-owned firms to jump-start their government contracting business.
Can women-owned business handle these opportunities? The answer is a resounding yes. A recent report by the Office of Advocacy of the U.S. Small Business Administration (SBA) states that women-owned firms increased nearly 20 percent over the latest period studied. During the five years between 1997 and 2002, women-owned firms grew by 19.8 percent while all U.S. firms grew by seven percent.
The report uses newly released U.S. Census and other data to describe women’s contributions to the economy. Statistics documented in the report include:
* In 2002, women owned 6.5 million or 28.2 percent of nonfarm U.S. firms. More than 14 percent of these women-owned firms were employers, with 7.1 million workers and $173.7 billion in annual payroll.
* According to 2002 data, significant proportions of women-owned businesses were in professional, scientific, and technical services, and in health care and social assistance.
Another fascinating statistic from a different organization, the Center for Women’s Business Research states that:
* Businesses majority-owned by women of color have grown six times faster than all U.S. firms between 1997-2004. The number of firms increased by more than half (55%), number of employees increased by nearly two-thirds (62%), and annual sales revenue increased b
Moving into an office is a big step when you run a small business or start-up, and finding the right premises in the right location and at the right price is a daunting task. Get it right, and your office premises will help you improve productivity, attract and retain good employees and give a positive impression to your customers. But get it wrong, and you could be left tied into a costly lease with premises that might n
This is a time of golden opportunity because the SBA has finally issued the proposed regulations to implement the formal women's federal procurement program which was approved as law over five years ago, but never enacted. This important program provides a targeted option to enable federal contracting officers to "set-aside" certain procurements for women-owned businesses. This creates an unprecedented opportunity for qualified women-owned firms to jump-start their government contracting business.
Can women-owned business handle these opportunities? The answer is a resounding yes. A recent report by the Office of Advocacy of the U.S. Small Business Administration (SBA) states that women-owned firms increased nearly 20 percent over the latest period studied. During the five years between 1997 and 2002, women-owned firms grew by 19.8 percent while all U.S. firms grew by seven percent.
The report uses newly released U.S. Census and other data to describe women’s contributions to the economy. Statistics documented in the report include:
* In 2002, women owned 6.5 million or 28.2 percent of nonfarm U.S. firms. More than 14 percent of these women-owned firms were employers, with 7.1 million workers and $173.7 billion in annual payroll.
* According to 2002 data, significant proportions of women-owned businesses were in professional, scientific, and technical services, and in health care and social assistance.
Another fascinating statistic from a different organization, the Center for Women’s Business Research states that:
* Businesses majority-owned by women of color have grown six times faster than all U.S. firms between 1997-2004. The number of firms increased by more than half (55%), number of employees increased by nearly two-thirds (62%), and annual sales revenue increased
One needs to appropriately pack the goods with the right shipping boxes. There are lots to choose from, and you can either purchase this from the shipping company that will ship the goods for you, or you can purchase this from other stores. You can try checking out the Internet for such retailers, as there are now many who have online stores where you can order online – this would make your purchasing a lot easier.
Can women-owned business handle these opportunities? The answer is a resounding yes. A recent report by the Office of Advocacy of the U.S. Small Business Administration (SBA) states that women-owned firms increased nearly 20 percent over the latest period studied. During the five years between 1997 and 2002, women-owned firms grew by 19.8 percent while all U.S. firms grew by seven percent.
The report uses newly released U.S. Census and other data to describe women’s contributions to the economy. Statistics documented in the report include:
* In 2002, women owned 6.5 million or 28.2 percent of nonfarm U.S. firms. More than 14 percent of these women-owned firms were employers, with 7.1 million workers and $173.7 billion in annual payroll.
* According to 2002 data, significant proportions of women-owned businesses were in professional, scientific, and technical services, and in health care and social assistance.
Another fascinating statistic from a different organization, the Center for Women’s Business Research states that:
* Businesses majority-owned by women of color have grown six times faster than all U.S. firms between 1997-2004. The number of firms increased by more than half (55%), number of employees increased by nearly two-thirds (62%), and annual sales revenue increased
ISO 9000 is a set of standards for quality management systems. Perhaps, it is the most popular generic international standard today. First published in 1987 and modified in 1994, it is the true basis for businesses to develop or improve their quality assurance systems. Today, most international businesses document their quality systems according to the ISO 9001 elements.There are a total of 20 elements (sections) in
The report uses newly released U.S. Census and other data to describe women’s contributions to the economy. Statistics documented in the report include:
* In 2002, women owned 6.5 million or 28.2 percent of nonfarm U.S. firms. More than 14 percent of these women-owned firms were employers, with 7.1 million workers and $173.7 billion in annual payroll.
* According to 2002 data, significant proportions of women-owned businesses were in professional, scientific, and technical services, and in health care and social assistance.
Another fascinating statistic from a different organization, the Center for Women’s Business Research states that:
* Businesses majority-owned by women of color have grown six times faster than all U.S. firms between 1997-2004. The number of firms increased by more than half (55%), number of employees increased by nearly two-thirds (62%), and annual sales revenue increased
Is your office buried under a flood of papers? If so, you are not alone. Papers are accumulated everywhere: employees maintain a personal archive, each office maintains an archive and then there is an official company archive. The result is storage requirements for paper documents grows at a rate of 20-25% every year. If that cost alone wasn’t hurting businesses, Sarbanes-Oxley now requires businesses to properly
Another fascinating statistic from a different organization, the Center for Women’s Business Research states that:
* Businesses majority-owned by women of color have grown six times faster than all U.S. firms between 1997-2004. The number of firms increased by more than half (55%), number of employees increased by nearly two-thirds (62%), and annual sales revenue increased by almost three quarters (74%).
Firms owned by women have the knowledge and capacity to perform well in the government market. Generally their biggest hurdles are learning how to break into the market and working within government processes, rules and regulations. There are a number of organizations that are poised to help women-business owners tackle this profitable market such as the SBA and the National Women’s Business Council. It is a complicated maze, but one worth tackling!
Gloria Berthold is President of TargetGov, a national firm specializing in helping companies win government contracts in federal, state and local governments. She can be reached through the web site: www.targetgov.com or by calling 866-579-1346.
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