businesssavvyphysician.com

JamieSpann·Oct 05, 2020

It was suggested to me that I should get my Women's Owned Business Certificate. I'm the founder of a startup company trying to help educate physicians on the business side of their career. I am wondering if anyone has gotten their certificate and seen a benefit to having it? I'm also wondering if it is even worth it in my type of business? Any thoughts on this topic is most welcome! Thanks in advance.

stefaniegroner·Oct 05, 2020

Following - I'm also looking into this for a friend's start up to assess the pros and cons. I haven't seen clear benefits but will tag you in any posts I find! Thanks for starting the discussion!

JamieSpann·Oct 06, 2020

Your welcome. I’m glad I’m not the only one who was wondering.

beccawilliams·Oct 05, 2020

Thanks for posting, @JamieSpann. I've also been researching this and haven't yet come to any clear conclusions as @stefaniegroner mentioned. So far what I'm finding is it can make sense for folks planning to get into government contracting. I've been wondering if it's useful from a marketing perspective independent of that, but haven't been able to validate that yet.

JamieSpann·Oct 06, 2020

My understanding was that it will help get contracts. However, I have a friend who was in the military for a long time and worked with contracts. She knows the ins and outs of how it all works. And she said she had a hard time getting any contracts. She said they have to make contracts for you specifically. So I just don’t know of it’s worth it or maybe it depends on your industry?

beccawilliams·Oct 06, 2020

Yeah, I don't know yet. I just got our company into the SAM system a couple of months ago and have only started looking into certifications. If you're considering government contracting, you might want to connect with a local PTAC for guidance (https://www.aptac-us.org/). We went to a training session here in CO that covered some of the basics and decided the bureaucracy of it all wasn't worth it for us.

JamieSpann·Oct 06, 2020

I am actually registered with SAM as well. However, the contracts aren't very relevant to what I do, plus it is super confusing to navigate and fill out their stuff. I'm not sure it is worth it for me either.