Minority owned business?
 

Is this playing this card only useful if you are dealing with government? :confused:

Re: Minority owned business?
 

I don't think anyone has the foggiest what you're on about.

Re: Minority owned business?
 

Hmm, I thought it was just me.
Well a minority owned business is run by a woman or someone of an ethnic minority. Government places are supposed to get brownie points for using them when they have a contract to hand out. I figured there must be more to it than that?

Re: Minority owned business?
 

Okay let me try it this way; any females here run their own business?

Re: Minority owned business?
 

Our CPA advised us to register our business with my wife (who is also conveniently conveniently Chinese) as the principal owner. Reckoned we'd get a bunch of tax breaks, as well as preference on govt/state contracts. Well, we don't bid for any govt work, and our CPA went bust before he could show us any of the tax breaks. Tw@t. So I'm now shopping for a new CPA and will see what they say....

By the way, before you ask, our dentist wears false teeth, our car mechanic walks to work and our lawyer can only see us during visiting hours at the local penitentiary. We're lucky like that..........

Re: Minority owned business?
 

[QUOTE=Yorkieabroad] our CPA went bust before he could show us any of the tax breaks. [email protected]E]


:D :D :D roflmao.......cpa went bust lol you need a :beer:

Re: Minority owned business?
 

If you are a subcontractor to the Federal Government (as my company is) you have to have a "small business plan" which details targets (in $ amounts and in % of all work subcontracted out) for further subcontracting work to small businesses owned by women, ethnic minorities, veterans, and disabled people. Twice a year you have to report on whether or not you're meeting thoise targets.

Re: Minority owned business?
 

My wife has just been put on the team where she works to bring in minority vendors where she works. What got me was the fact that minority really doesn't mean minority acording to the government. What they are really looking for is black and women owned business with some hispanic on the side. Also, in order to be classed as a minority vendor of a non minority company, they have to be based in the same state. Some very strange definitions if you ask me. I actually went to the Northern Ohio Minority Business Council awards last weekend, quite informative it was too.

Re: Minority owned business?
 

thats just so wrong, specificicaly targeting minority owned business's - isnt that racism???

Ant

Re: Minority owned business?
 

Not really. What she is doing is trying to promote smaller vendors and get away with the stereotype of minority business. I keep saying get the best you can but in reality it's far easier to get the big companies who have a massive sales team than the smaller ones who quite often are minority owned, which does include disabled people which I forgot. I couldn't believe a lot of the comments that she got from educated people when they announced this. A huge amount were very upset because they thought that it meant they were going to be dealing with black business and that the service would be terrible because they are all lazy! That's one of the things they are hoping to show people isn't remotely true. The worst part I think is the governments definition of a minority owned business.

Re: Minority owned business?
 

well , perhaps it isnt rascism then, but its not perfectly right - people should get jobs on merit - their race should not matter either way!!!

Ant

Re: Minority owned business?
 

It's just a variant of affirmative action.
Getting a job on merit...an interesting concept! I must research this idea ;)

Re: Minority owned business?
 

Just read an article that the Dept of Defence have gone from open bidding to a Preferred Vendor system for their procurement (presumably just for the stuff that doesn't go bang...). Apparently under the new system ice cube trays cost $20 vs the 85cents they used to pay......may be worth a bit of plastic surgery and gender bending to get on that preferred list :D