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Small Business Size Standards

The United States Small Business Administration (SBA) defines, by either average annual sales or number of employees, whether or not a business is considered small (or SBE – small business enterprise) by their primary NAICS code. [NAICS = North American Industry Classifications System, a set of codes used to classify the type of work a…

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Portals: Everyone seems to have one, what do you do with them?

As a diverse business owner, the most dreaded question asked by a supplier diversity (SD) professional may be: “Are you registered in our portal?” Portal registration can be time consuming and sometimes can feel like a black hole you only hear from once a year when your certification is about to expire. The honest truth, portals are not for…

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What You Say Matters!

We’ve been interviewing supplier diversity (SD) specialists over the last few months and the most recent answer to “what’s one of your pet peeves” struck us as we get ready for the diverse business conference season to kickoff into high gear. His peeve, a diverse supplier coming up to speak with him and asking what…

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Reading (& Writing) Excerpts

In the last month, we’ve come across a variety of articles that seem to touch on topics of importance for SDMWVLGBTBEs (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) owners.  The first that sparked a gut reaction was about generational wealth. The Founders of Color believe, “If wealth inequity is…

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Help! I don’t have that document.

The certification process is co-dependent. The business itself is being certified as being capable to provide its products and/or services. The business is being certified as being at least 51% owned, operated and controlled by a diverse individual(s) who possesses the knowledge and skill to run the business applying for certification. This is why certifiers require supporting documentation…

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Mandated Spend – What’s That Mean?

SDMWVLGBTBEs (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) hear a lot about mandated diversity goals. But that word, mandate, can be used in multiple ways. A large corporation may have its own internal mandates that are not relevant to any specific job or project.  These mandates, or goals, exist…

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Notes on Supplier Diversity

So, we read a post on LinkedIn the other day and just can’t get it out of our heads. The reason is because this is a bigger issue than our colleague Tammy Davis, CEO at NexLevel, wrote. She’s not wrong in her characterization of some supplier diversity professionals (SDP). Like us, they are imperfect humans doing…

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Meet the 3rd Party Certifiers

New businesses open every day and we know entering the diverse supplier landscape can be confusing with all those acronyms flying around for the types of certifications available (DOBE, MBE, WBE, etc.) and certifiers (NGLCC, NVBDC, USPAACC, etc.) who offer them. Today we’re re-introducing the 3rd party certifiers (which means these certifiers are not a…

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Navigating NAICS

NAICS (the North American Industry Classification System) codes, pronounced “NAKES” can have a profound impact on SDMWVLGBTBEs (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprises) for a bunch of reasons. NAICS is a shorthand description of your business’s good and services used by many of the US certifying agencies.…

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Practicing Patience

So we’re all entrepreneurs here, right? SDMWVLGBTBE (Small Disadvantaged or Disabled, Minority, Women, Veteran, Lesbian, Gay, Bisexual or Transgendered Business Enterprise) owner(s), certified or on the path to certification or interested in the topic. We write and talk about supplier diversity professionals and certifying organizations, but it occurs to us that we haven’t talked much about the…

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