When it's time to order wholesale supplies, it matters who you order from. Women owned businesses are an important part of our economy and the movement toward a more diverse economic landscape. According to the National Association of Women Business Owners, there are over 12.3 million women-owned businesses in the United States. Let's look at some of the benefits of buying from a woman owned business.

Tax Incentives

When you work with a woman owned business, there can be certain tax incentives if the business is certified. The federal government wants to encourage the growth of these businesses. You'll need to do some research, however, to find out if the business you're working with is certified for tax incentives and which tax incentives could work for you.

Opening New Revenue Sources

According to studies conducted by the Hackett Group, when you work with women owned businesses, you have the chance of increasing profitability by as much as a 130% return on investment. This gives you competitive advantages. Ask your local women owned business in your area what they can do to help you boost your revenue as a business of your own.

Encourages Innovation and Creativity

Smaller women owned businesses bring innovation to the marketplace. These women know the importance of standing out among their competitors and the need to make their mark. This passion rolls over into everything they do and that passion can be felt in your business interactions as well.

Advertising Your Priority With Diversity

Working with a local woman owned business shows customers and business partners the priority you've set on diversity. This can help you establish your brand as a forward-thinking and progressing member of your local economy. This can, in turn, make your business more attractive to customers.

Taking a Stand Against Inequity

When you use a local woman owned business to obtain your wholesale supplies, you're taking a stand against historic inequity in the marketplace. If you want to show the world that you'll stand with women who are investing in our economy and our local job market, there's no better choice than working with a local woman owned business in your community.

If you're looking for a provider of wholesale supplies you can count on, contact our team at Collins Wholesale Supply today. We have over 35,000 wholesale items available, with access to thousands more.