Supplier diversity is starting to be a positive and major trend for many businesses. The concept in itself is very attractive for both small businesses and the larger companies who wish to partner with them. However, in every strategy, supplier diversity has to face standards, regulations and […]
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The practice of using diverse suppliers (small businesses owned and operated by disadvantaged owners) has been increasing as time goes on. Many companies have seen and are reaping the benefits of tying up and working with small and diverse-owned businesses. In fact, working with these businesses can […]
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If you have a small business and one that can be defined as socially and economically disadvantaged, you can get certified as a disadvantaged small business. Those who qualify for the position are owners who are: Women Disabled Part of an ethnic minority Veterans Disabled veterans Members […]
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Many businesses often fail on understanding their own market or customers. This failure can even be applied on many levels- it may be on customer’s preferences, values and traditions and even customer’s perception of the company, brand or products. Failure to recognize and remedy the situation can […]
Read more →The SBA Mentor-Protégé Program from Head Exposed The 8(a) Business Development Mentor Protege Program allows successful companies in assisting participants when it comes to business development and eventually be successful entrepreneurs. Mentors can provide technical and management assistance, financial assistance, and other ways of helping them. To […]
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There is a saying that it always pays to be safe. When it comes to procurement, it can certainly apply. Many small businesses, upon the receipt of the contract, would probably be too excited to worry if their financial issues are alright. If a small business is […]
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Game of Thrones is like no other TV series we’ve seen in a long while. With great screenplay and great acting, it is both sensational and sophisticated entertainment. It is also educational TV fare. Small businesses especially those owned and run by women and minorities can learn […]
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Winning a contract is only the beginning, not the end of the procurement process. For small businesses participating in procurement, winning a contract from a government agency or a larger company opens a window of opportunity. As mentioned, winning a contact is only the beginning and only […]
Read more →Diversity is part of change. The nature of a business and the business industry is full of changes – including the client and the providers who must be at par with such developments. Diversity has been happening constantly in the business world. However, it wasn’t talked about […]
Read more →For many people who are trying to get their feet wet into doing businesses, franchises are godsend. Franchising is a method of doing and profiting from a business that eliminates many roadblocks. Franchising doesn’t remove the need for capital but other elements surrounding the business are provided […]
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