5 Benefits of Hiring Female Owned Construction Companies

5 Benefits of Hiring Female Owned Construction Companies

There are unique benefits to hiring female owned construction companies for construction projects. Here are just a few of them.

Keyword(s): female owned construction companies

The gender-based wage gap has existed for decades. However, with more women than ever acting as the primary income, opportunities for women in the workplace are on the rise.

Women are also making waves in the corporate world by starting their own businesses.

In fact, female-owned construction companies are taking the spotlight as they break down stereotype and stigma. And they're proving their male counterparts that they're damn good at it, too.

If you're thinking about hiring a construction company for your project, you may want to consider one of these women-owned construction companies. From tax incentives to increased profitability, there is more than enough reason.

If you're interested in learning about how hiring a female-owned construction company can benefit your business, keep on reading.

What Is a Certified Woman Owned Business?

A certified Woman-Owned Business is a company that is certified by the WBENC (Women’s Business Enterprise National Council). This third-party council ensures that: "a business is at least 51 percent owned, controlled, operated and managed by a woman or women."

Five Benefits of Hiring Female Construction Companies

Besides the obvious, working with a woman-owned business comes with extra incentives.

Check out these five awesome benefits:

Supporting Women-Owned Construction Companies Supports All Women

By supporting woman-owned businesses, you are setting the precedent for the market. When women do well in businesses, it supports other women trying to start businesses.

As companies continue to hire women and contract women-owned businesses, it is only increasing the chances that women will be given more opportunities at all levels in the workplace.

Tax Incentives for Businesses

When purchasing services from women-owned businesses, you may be eligible for a tax incentive from the federal government. You may also qualify for a state tax credit depending on where your business is located.

Increased Profitability for Businesses Partnering With Female-Owned Construction Companies

Research from The Hackett Group shows that working with women-owned businesses can increase your return-of-investment by 130%. This means increased profitability for your business just for choosing to work with minorities.

Women Are Hard Workers

With seventy-five percent of mothers working full-time, there's no question that women work hard. By hiring a business owned by women, you can ensure that they're going to work hard and do their job well.

Access to Diverse Markets

By hiring a woman-owned construction company, you tap into the market of female customers. You also garner the attention of those that want to see women thrive. These markets are more likely to do business with your company if you openly work with minority-owned businesses.

Working with Women-Owned Businesses Is Good for Business and Society

There's no question that working with female-owned construction companies will be worth your while.

With tax, profit, and market benefits, there's no reason not to choose women!

Looking for a female construction company names? Excited to reap the benefits of working with a woman-owned business to complete your project? Perrin Construction is a woman-owned construction company that can get the job done for you. Get a quote today!