\nDiversified Products, Inc. (ADP) manufacturer of ADVANAGE the Wonder Cleaner\u00ae as a Minority Business Enterprise (MBE).
\n
\nADP qualified as an MBE because:<\/strong><\/p>\n
- \n
- Minorities own and control at least 51% of the business.<\/li>\n
- The Minority owner serves as CEO and is active in daily management.<\/li>\n
- The Minority owner is a US citizen and has had the position for over 40 years.<\/li>\n<\/ul>\n
Being an MBE provides ADP with:<\/strong><\/p>\n
- \n
- Access and exposure to 13,000 other MBEs for networking and business ventures.<\/li>\n
- Contract opportunities for bidding discounts and set-asides.<\/li>\n
- Educational and technical assistance.<\/li>\n<\/ul>\n
![\"\"](\"https:\/\/advanage20x.com\/blog\/wp-content\/uploads\/2022\/06\/MBE2.jpg\")
\u00ae<\/p>\nBenefits to Advanage\u2019s MBE customers<\/strong>
\nWhen organizations (government or private sector) do business with an MBE certified vendor,
\nsuch as ADP, their investments:<\/p>\n- \n
- Count toward that organization\u2019s minority spending goals.<\/li>\n
- Enable them to take advantage of numerous federal and state tax incentives, tax breaks
\nand potential rebates<\/li>\n - Demonstrate to the public they are vetted, legitimate, and the kind of business you want
\nto do business with.<\/li>\n - Marketing. Consumers no longer make decisions based solely on product selection or
\nprice; now they\u2019re assessing what a brand says, what it does, and what it stands for.
\nThey support companies whose brand purpose aligns with their beliefs. And they reject
\nthose that don\u2019t.<\/li>\n - Modernization. \u00a0It is estimated that by 2050, more than half of the population will consist of people that are currently classified as minorities. To stay ahead of the curve, large companies are forming partnerships with MBEs because as the minority population grows, so will their businesses. Building relationships with minority-owned business leaders now create an innovative and successful future for everyone.<\/li>\n
- Set-asides and discounts. Each state provides discount incentives to sellers featuring
\nMBE goods. Federal law mandates that the government allocate 23 percent of its contracting work to small businesses. Of this portion, 5 percent is meant for businesses with economically or socially disadvantaged owners — essentially minority-owned businesses.<\/li>\n<\/ul>\n<\/p>\n
Advanage Diversified Products, Inc.
\nADVANAGE the Wonder Cleaner\u00ae 16615 S. Halsted Street, Harvey, IL 60426 * 708-331-8390 * www.advanage20x.com<\/p>\n","protected":false},"excerpt":{"rendered":"Minority Business Enterprise (MBE) The National Minority Supplier Development Council (NMSDC) has certified Advanage Diversified Products, Inc. (ADP) manufacturer of<\/p>\n