What Is a Minority Business Enterprise?
A Minority Business Enterprise (MBE) is an American designation for businesses which are 51% owned and fully operated by a minority. Great Lakes Building & Products is managed by a black entrepreneur, Marcus Johnson.
“I first learned of the MBE certification process and how acquiring it could help our Pro clients in 2019. It took over a year for approval as the process is highly scrutinized.” — Marcus Johnson, Great Lakes Building Products CEO
Benefits of Working With Our Minority Business Enterprise (MBE) Certified Product Distributor
A MBE certification says A LOT about an organization, and it can have significant impacts for your business. Let’s learn how!
Chicago area general contractors and installers bidding on government or private RFQs, a certified state of Illinois and Chicago MBE product distributor is now available for you.
Contact us today and let us help with dedicated your pro account manager to bid contracts.
We Deliver - You WIN!
REPRESENT
Another benefit is the tax benefits & credits any legal business can receive. Because less than 2% of minorities are certified construction building product distributors, Illinois (and every other state too) gives tax incentives as a reward to any business that purchases from a certified MBE.
When purchasing materials from Great Lakes Building & Products, your dedicated sales person will provide you with invoices and receipts from all paid for products done within the current tax year. Take these to your accounting professional and be rewarded with a tax credit from choosing to work with a Minority Business Enterprise like
SAVE
Partnering with a MBE is a way to declare your support. You are taking a stand to say you recognize that you want to specifically source products and/or services from a diverse organization. This could be in support of certain supplier diversity spend goals that an organization has in mind to give back to the community, but also to further diversity, equity, and inclusion priorities within an organization.
MBE support demonstrates community care by fueling the foundational building blocks that spur the local economy in general. Certified MBEs have proven that they are ready to go for their businesses, and by extension, their customers, and clients (that’s you) as well!
SUPPORT
Building relationships with woman and minority-owned business leaders, like the Johnsons at GLBP, now creates an innovative and successful future for everyone. Additionally, showing your customer base how you have diversity programs in place will encourage them to use you as their for their business. We are proud our manufacturing partners have selected us to represent their products and we continue to work hard to be the face of only the best quality residential & commercial construction products in the greater Chicago market.
The Hackett group did a study and found for every 1M spent on MBE-certified suppliers, businesses saw over a 3M ROI. If you’re ready to start seeing your ROI increase and learn more, we are here and ready to engage.
