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Women-Owned Business Advisory ServicesWomen-owned businesses face challenges that many of their competitors do not, but they can also benefit from incentives that their competitors do not. The latter point is worth noting for any company that is majority owned by women or can be restructured to be majority-owned and managed by women. There are billions of dollars available to businesses that are certified as women-owned, and Barnes Dennig can help you get a piece of that pie. The federal government is mandated to award at least five percent of all federal contracts to women-owned businesses. In February 2011, it launched the Women-Owned Small Business Contract Program in order to increase access to those contracts. Click here for more details on the program. In order to qualify for those contracts, a business must prove that a woman or women own at least 51 percent, manage the operation and have expertise in the field. Barnes Dennig can help you attain the proper certification, and we can help you secure other means of financing. For those businesses that are not currently women-owned, it might be worth considering the possibility. At Barnes Dennig, our accountants have significant experience assisting with succession plans, restructuring and new company structuring. For more information or to discuss the benefits of being certified as a women-owned business, contact Director Cindy Padilla by e-mail or at (513) 241-8313.
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