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Current NWBOC Newsletter
NWBOC NEWS Winter 2007 (800) 675-5066 info@nwboc.org. "It’s amazing how we are seeing the benefit of this certification. P&G invited us to their diversity conference. They spent $1.9B this fiscal year and plan to hit $3B by 2010. Great growth opportunities!" Claudine Osipow, DCO International Trading, Inc., NWBOC-certified
NWBOC News The eProcurement Marketplace Want to join other companies who have answered the age-old question "Where can we find women-owned companies?" Welcome to the eProcurement Marketplace of the National Women Business Owners Corporation, www.nwboc.economicengine.com. You can have complete access to over 2,000 women owned businesses (and growing daily) including all of our NWBOC Certifieds. Imagine not only being able to locate women business owners throughout the U.S. in varied service and product industries, but being able to send bids, RFPs, RFQs, etc. and award them - all within one interactive system! Contact NWBOC today for additional information and/or a complimentary demonstration. And, as an added bonus, you can send out one marketing piece per quarter to the entire database - just for being signed on as a buyer! The costs are $300.00 per year to access the entire database. You just have to use another email address to register besides the one you currently use as a WBE. Call NWBOC today at 1-800-675-5066. Women Business Owners News New Report Highlights Exit Strategies for Women Business Owners A new report released by the Center for Women’s Business Research highlights the importance of women entrepreneurs planning to exit their companies. The report, Exiting Your Business: Serendipity or Strategy, examines steps women should take and missteps they should avoid when preparing both professionally and personally for exiting their businesses, whether by selling, handing down to a child, or closing. The study, which analyzes nine in-depth interviews with women whose businesses generated $4 million or more annually in revenues, is a companion to the quantitative report released in 2006, Exit Strategies of Women and Men Business Owners. The interviews reinforce the findings of the previous study and detail how these women handled exiting their businesses and their ensuing life choices. To learn more about this research, visit www.womensbusinessresearch.org. Women Want Shorter Work Days, More Free Time Results are in and the U.S. Department of Labor's review is not looking too good for women. One in five women only take a vacation once every six years, which is predicted to contribute to depression. In addition to promoting good mental health, women who take frequent vacations reported better sleep, better marriages, and were less likely to be tense or depressed. The U.S. Department of Labor's Monthly Labor Review notes that women would prefer shorter workdays, even if it meant less pay. Almost six percent of men would like to work fewer hours, and 10.1 percent of women would prefer the shorter workdays. Twice as many women feel they would like less time in the office, which may be due to women's disproportionate share of household responsibilities. Other researches attributed the gap to a desire among women to spend more time with their children. Interestingly, married women with children were twice as likely to feel rushed than single women without children. But men who are married with children do not feel any more rushed than single men without children. For more information visit www.dol.gov. Council Releases New Study on Women-Owned and Women-Led Firms A new two-part study by the National Women's Business Council examining the economic impact of both women-owned and women-led firms reveals that the contributions of women business owners have long gone understated. For the first time, these reports include data on women-led firms, where a woman owns a percentage of the business at least equal to any other owner and where a woman or women managed day-to-day operations. According to the studies, there were over 1 million women-led businesses generating in excess of $300 billion in revenues in 2002, or about 3% of the U.S. GDP. These firms employed 2.5 million employees and paid nearly $56 billion in payroll. Combined, women-owned and women-led (WOWL) firms totaled over 7.5 million in 2002, employed 9.6 million people and generated nearly $1.2 trillion in revenues, or about 12% of the U.S. GDP. Both reports may be found on the NWBC's web site, www.nwbc.gov. Member News Monda Mathis is GWEN Award Winner The Georgia Women's Entrepreneurial Network, better knows as GWEN, announced that Monda Mathis of DMS Services, Inc. is its 2007 GWEN Conference Award winner. DMS Services is an NWBOC certified woman business enterprise. Congratulations, Monda! Media 1 Participates in United Way’s Day of Caring Media 1, a West Michigan learning design and development-consulting firm, participated in the 7th Annual United Way Day of Caring in November. Media 1 volunteers were assigned to help the Girl Scouts “Little House”; a Grand Haven community center that was originally built in 1942. In a few short hours volunteers transformed the front yard and side yard from an overgrown jumble to a nicely manicured site. Another contingent went to work indoors, cleaning and painting. Media 1 partners with companies to develop and implement award-winning, innovative performance and training solutions. For more information, visit the Media 1 Web site at http://www.media1.us. Mary Schnack Media Services Inc. Mary Schnack of NWBOC-certified Mary Schnack Media Services, Inc., had speaking engagements at international conferences this Fall, including the Vital Voices Euro-Asia Women’s Leadership Conference in Kiev, Ukraine, in October, and the international meeting of FCEM, the International Association of Women Entrepreneurs, in Cairo, Egypt, in November. Schnack also met with women’s groups in Jordan before traveling to Egypt. Schnack speaks on business communications, branding, public relations, crisis communications and media training. www.CommunicationBridges.com. Through her travels, Schnack also imports items from women in developing countries to help support their businesses. These can be found at www.UpFromTheDust.com and are great for unique gifts. Tammy Edmonds Design Over fifteen years of interior design experience led, Tammy Edmonds to create an interdisciplinary design studio – Tammy Edmonds Design offers both interior and graphic design. With so much emphasis in today’s business culture on branding, Edmonds wanted to be part of an entire design process – creating a graphic identity that had a natural counterpart in the client’s environment. Located in the downtown Los Angeles arts district, Edmonds has designed, managed and directed projects in such fields as: Aviation, Financial, Corporate, Real Estate, Architecture & Design, Residential, Institutional, Hospitality and Automotive. Recent NWBOC certification will provide TED with new marketing opportunities to develop relationships with larger companies and compete for contracts at a national level. Certification is an important step in growing her company and will also enable her to offer a wider range of services. For more information on TED visit www.tammyedmondsdesign.com “Bringing All Our Worlds Together” Theme 2008 Women’s Festivals Women business owners, Patty DeDominic, President of DeDominic & Associates, and Mary Schnack, President of Mary Schnack Media Services, Inc., are producing the 2008 Women's Festivals in Santa Barbara, California and Sedona, Arizona. The Women's Festivals will celebrate the accomplishments and nurture the dreams of women in an interactive, multi-cultural, and multi-tracked format focusing on the five critical areas of women’s lives: Personal, Professional, Philanthropic, Political, and Peace/Planet— otherwise known as the “5 Ps.” Women from throughout the world will attend the California Women’s Festival on March 7th - 9th in Santa Barbara and the Arizona Women’s Festival in Sedona, AZ, on March 14th – 16. Both shows will include an Expo and Trade Show, Athena Awards Program and educational and enlightening discussions led by world-renowned speakers and authors. For more information, please go to www.womensfestivals.org. Success Stories of Our Certified WBEs Meet Pamela Hall, CEO/CFO Hall Enterprises, Inc. DBA, Logistics Planning Services After working for 15 years at 3M, Pamela Hall was ready to do something on her own. When her husband requested her help with his company in 1993, it was a natural transition for her. Her experience in the areas of HR management, logistics/warehousing management, and communications was a perfect fit to get a family business flourishing and heading in the right direction. Hall Enterprises, DBA Logistics Planning Services, is located in Mendota Heights, Minnesota, and has clients located in 48 states, Canada and China. Hall is the majority owner and her husband is the minority owner. Logistics Planning Services has been at the forefront of its industry, providing money-saving shipping options for companies across the country. LPS developed its first application software called KeyRater to help manage shipping costs for the electric utility industry. While distribution of KeyRater on diskettes was initially effective, LPS soon realized that they would have to redistribute the software diskettes every time rates changed or every time a carrier’s service changed. This practice became overwhelming and LPS therefore needed to develop a better way to manage the software updates. In 1998, LPS enhanced KeyRater so it could be interfaced to and accessed by clients on the Internet, making it one of the first logistics companies that provided online applications. In 2001, LPS next refined its business model moving from a carrier-funded program to a shipper-funded service. Through all of these improvements, LPS has been committed to bringing the lowest possible shipping prices and SOX compliant cost controls to its clients. LPS was NWBOC certified on September 4th, 2007 but already they are seeing the benefits as a diversity/woman-owned company. Hall says, “I am delighted to have achieved certification as a woman-owned, woman controlled business and look forward to the value add this certification can provide to our customers like the Electric Utility Industry and the Automotive Industry where diversity spend is critical.” Through
the years, Hall and LPS have hired many young people who began as interns in
the company. 90% of the interns they hired have remained with LPS and are now
full-time employees. Hall’s two sons are also actively involved in the
business. “The future of LPS lies in the hands of these young people to carry
it on and keep it vibrant and strong”, says Hall. “I have worked hard to
build a culture of hard working people who work together as a team and equally
contribute in making each day a success. There will come a time when I will
want to retire and that’s why I am so determined to lay the building blocks
that will ensure that this company will be successful for many years to come.” NWBOC Reminders NWBOC’s website! It contains more helpful information than ever before and will feature success stories, e-newsletters, etc. Go to www.nwboc.org to see for yourself. Certification kits are available from NWBOC You can always print the application from the website, but now you can purchase a kit for $39.95 plus shipping. The kit, customized to the business entity (i.e. LLC, corporation, partnership, sole proprietorship) contains a notebook, dividers, the application, helpful hints for what materials to include, and other information. And, you can charge this purchase to M/C or Visa. Call 1.800.675.5066 to place your order. Upcoming Events Principal® Women in Business Teleclass Series Free monthly teleclasses are offered for women business owners by The Principal Financial Group. The classes are conveniently offered via phone, making participation accommodating to demanding schedules. Look up class topics, times and pre-register for classes at www.principal.com/women. Space is limited. 2008 Schedule for The Principal® Women in Business Teleclass Series.
Access transcripts and audio of previous classes at www.principal.com/women. NAWBO Public Policy Days February 4-6, 2008 Make your voice heard and increase your advocacy skills by joining NAWBO for its 2008 Public Policy Days, February 4-6 in Arlington, Virginia at the Ritz Carlton Pentagon City. Keynote speakers include former Supreme Court Justice Sandra Day O'Connor and Bonnie McElveen-Hunter, owner of Pace Communications and National Chair of the American Red Cross. Information at www.NAWBO.org 2008 Enterprising Women of the Year Awards Celebration Join the 6th Annual Enterprising Women of the Year Awards Celebration, one of the most prestigious events for women entrepreneurs in North America, from Feb 28 - March 1, 2008, at Disney's Grand Floridian Resort & Spa in Lake Buena Vista, FL. NAWBO National Conference in Phoenix, AZ Save the date now for the NAWBO National Conference at the Arizona Biltmore Resort & Spa in Phoenix next year from June 12-14, 2008. Information at www.NAWBO.org Companies Newly Certified by NWBOC for Winter 2007 (September - December 2007)
Atlantic Pacific Express, Inc. dba Nations Express
Barganier & Associates, LLC
Better Than Bakery, LLC
Chris B. Moriarty, L.L.C.
Claridge Products & Equipment, Inc.
Control Panels, Inc.
CWI Construction, Inc.
Dogwood Promotions, Inc.
Door-Ado Equipment Specialties Corp.
ExactData, L.L.C.
Glenn-Miller, Inc.
Global Link Networking Solutions, Inc.
Hall Enterprises, Inc. dba Logistics Planning Services
HeliValue$, Inc. IQ
Telcom, L.L.C.
Magnolia River Services, Inc.
Mainline Technology, Inc.
Midwest Project Partners, Inc.
Mr. Emblem, Inc.
Pfaehler’s Prestige Cleaning, Inc.
Promotional Marketing Group Ltd.
Sherri May & Company, Inc. Su
International Group, Inc.
Tellus Computer Solutions, Ltd.
360clean, Inc.
TJM Electronic Associates, Inc.
Tryton Solutions
Verbatim Reporting, Ltd.
Victory Financial Services, Inc.
WrighTrac Web Design and Promotion Companies Renewing WBE Certification with NWBOC Summer 2007 (September - December 2007) A.J.
Danboise Son, Inc. Baron
Messenger Service, Inc. C,
Inc. D.R.B.
Electric, Inc. Eagle
Equipment Company, Inc. F & S
Painting, Inc.
Gibson Printing Co.
Harris-McBurney Company
InfoMart, Inc. J.M.
Wechter & Associates, Inc. Kimprint, Inc. dba Progressive Printing
Lantrip Construction Co., Inc. M & G
Signs
Nationwide Security & Building Services OneWorld Communications
Paragon Biomedical, Inc. R & R
Strategies, Inc.
Sassafras Marketing, Inc.
Talentware, Inc.
Unique Gifts & Promos Vivian Wright and Associates
Winston International, Ltd. Zormot International, Inc. The NWBOC e-Newsletter is distributed by the National Women Business Owners Corporation. (NWBOC). NWBOC created the first national certification program for women enterprises. NWBOC's certification program offers an alternative to the costly, time-consuming and duplicative agency-by-agency and corporation-by-corporation certification process. If you have information for the NWBOC Newsletter, please send it to mary@communicationBridges.com or fax to 928-204-9835. If you no longer want to receive this e-newsletter, hit REPLY and put UN-SUBSCRIBE in the subject line. To change your e-mail address or add someone new, please e-mail mary@communicationBridges.com. |