Woman owned business
A woman owned business enterprise (WBE) is an American term that is defined as a business that is at least 51% owned, operated and controlled on a daily basis by one or more (in combination) female American citizens.[1]
WBEs can be self-identified but are typically certified by a city, state or federal agency.[2] Some woman owned businesses have been in business for as long as 50 years. Companies like In-N-Out Burger and The Move Management Center are woman owned companies that have been in business for 50 years.
The Women's Business Enterprise National Council (WBENC) is the most widely recognized and respected certification in the United States for WBEs. Being WBENC certified helps WBEs expand their visibility in the business market and increases access to decision makers in supplier diversity and procurement offices.[3]
Global Healthcare Marketing and Communications, LLC (Global HMC) is an example of a certified WBE. Global HMC is a virtual business that operates nearly worldwide. Global HMC is mentioned on the Women Presidents' Educational Organization website, among other companies, as an advocate for the benefits of women owned enterprises joining the WBENC.[4]