The Purpose of this Survey
The National Women's Business Council (NWBC) is conducting research on corporate supplier diversity programs, which provide opportunities for women-owned businesses to gain access to corporate markets. This survey is designed to collect quantifiable data on the participation and experiences of women-owned businesses in corporate supplier diversity programs.
Goals of the Survey
Women-owned businesses (WOBs) are a significant force in the U.S economy. This survey aims to understand the opportunities and challenges they face doing business with corporations and provide information that will lead to better business results. Toward that end, the goal of the survey is to gather information that will facilitate:
an understanding of the barriers women business owners encounter when doing business with corporate supply chains;
an understanding of how corporate supplier diversity programs can be leveraged to facilitate the growth of women-owned businesses; and
development of policy recommendations, processes, and activities that may lead to increased opportunities for women-owned businesses to obtain corporate contracts.
Completion of the Survey
Completing this survey will take approximately 30 minutes and your participation is voluntary. For best results, we ask that the survey be completed by or on behalf of the principal business owner (chair, president, or CEO).
The survey is an essential element of a national study that includes a review of the literature on the subject of women-owned businesses and focus groups conducted in major cities across the country. Please make every effort to answer all of the questions. The survey does not request your name, and your results will be kept private.
The survey is being distributed to a sample population of women business owners across the United States and is divided into three major sections:
Section I asks questions about business characteristics, for example, financing data, method of acquiring ownership, and sources of capital.
Section ll questions about experience with corporate supplier diversity programs.
Section III asks background and demographic questions about the principal business owner, about participation in business networks, relationships, and social capital.
Confidentiality
Your answers on the survey will be kept private, and will only be reviewed by consultants of NewPoint Strategies, LLC, the company conducting the research for the National Women’s Business Council.
Please submit your completed survey no later than _____________.
Research sponsor
This study is sponsored by the National Women’s Business Council. NWBC is a non-partisan federal advisory council created to serve as an independent source of advice and counsel to the President, Congress, and the U.S. Small Business Administration on issues of importance to women business owners. It is the government’s only independent voice for women entrepreneurs. To fulfill its mandate to provide substantive policy advice and guidance, NWBC conducts studies and other research on issues related to women-owned businesses.
This study has been reviewed and approved by the federal Office of Management and Budget (OMB); without OMB’s approval, the survey could not be conducted.
OMB control number:
Expiration date:
Data collected on behalf of the National Women’s Business Council under contract number SBAHQ-14-M-0124.
Thank you for your participation.
ABOUT THE BUSINESS
Please answer the following questions about your current business. If you own multiple businesses, please provide information for your primary business.
Are you the principal owner or designated to complete this survey on behalf of the principal owner (Chair, President or CEO) of this company?
___ Yes, principal owner
___ Yes, designated by the business owner
___ No → Conclude survey
When did you start/acquire this business (year)? _________________
→ Conclude survey if business was started/acquired in 2012, 2013, 2014 or 2015
What percentage of this business is woman-owned? (Combine all woman owners.)
___ 51% or more ___ 50% ___ Less than 50% → Conclude survey
In 2014, did this business have gross revenues of at least $25,000?
___ Yes ___ No → Conclude survey
How many individual owners are there in this company? (Do not combine two or more owners to create one owner. Count spouses and partners as separate owners.) ________________
Is your business certified as a woman-owned or minority-owned business? (Mark all that apply.)
___ Yes, certified as a woman-owned business → Continue
___ Yes, certified as a minority-owned business → Continue
___ No → Go to Q8
Indicate which organization(s) certified your business. (Mark all that apply.)
___ WBENC (Women’s Business Enterprise National Council)
___ NMSDC (National Minority Supplier Development Council)
___ NWBOC (National Women Business Owners Corporation)
___ U.S. Women’s Chamber of Commerce
___ El Paso Hispanic Chamber of Commerce
___ Regional, state, or local organization or agency (specify) _______________
___ Self-Certified
___ Other (specify) ______________________________________________
Do you or have you served on the board of directors or in any leadership position (such as committee chair, task force chair, etc.) of any organization(s) that certified your business?
___ Yes ___ No
Do you actively participate in any service/professional/networking organizations?
___ Yes →Continue ___ No → Go to Q9
To what extent has your participation in service/professional/ networking organizations contributed to the overall success of your business, in terms of:
|
Not Helpful |
Somewhat Helpful |
Helpful |
Access to influential business leaders and decision-makers? |
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Access to business/industry knowledge and resources? |
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Notification of and access to contracting opportunities? |
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Revenue generation and funding opportunities? |
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Other areas? (Specify_________________________________) |
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To what degree has your participation in service/professional/ networking organizations contributed to the development of business knowledge and skills in the following areas:
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Not Helpful |
Somewhat Helpful |
Helpful |
Understanding of target customers and how to do business with them
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□ |
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Understanding trends and emerging markets (e.g., “the next Silicon Valley”) ahead of the competition
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Marketing principles and strategies (including how to promote the business, gather intelligence on new and emerging markets, and develop pricing models)
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Building your capacity to develop new ideas, garner support for implementing new ventures, and sustaining growth
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Understanding sociopolitical issues, diverse cultures and groups, and how different cultural views might impact your business and strategies
|
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Creating and communicating an effective and compelling value proposition that clearly conveys the unique benefits of doing business with your company
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Using technology |
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What is the 5-digit NAICS code for your primary business? _______________
(If needed, please use the link www.census.gov/naics. In the "2012 NAICS Search" box on the left side of that page, enter a keyword that describes your kind of business. A list of primary business activities containing that keyword and the corresponding NAICS codes will appear. Choose the one that most closely corresponds to your primary business activity, or refine your search to obtain other choices.)
What is the legal structure of this business?
___ Sole proprietorship
___ General/limited partnership
___ Limited liability company
___ Subchapter S corporation
___ General corporation
___ Other (specify ______________________________________________)
Is this a home-based business?
___ Yes ___ No
Business owners may have different perspectives on the meaning of “success.” How do you define success for your company? (Mark all that apply.)
___ Achievement of business plan goals, objectives, and financial projections
___ Increasing profits
___ Development of new and innovative products
___ Patents, trademarks, and copyrights owned by the company
___ Increasing market share
___ Entry into new markets
___ Brand recognition
___ Positive business reputation
___ Increased work/life balance
___ Selling the business and getting a return on my investment
___ Other (specify _________________________________________________)
In 2014, how many people (including you and other owners) worked for this business as the following?
Full-time employees: ______ Part-time employees: _______ Contractors: _______
Between 2011 and 2014, the number of people who work for this business generally:
|
Full-Time Employees |
Part-Time Employees |
Contractors |
Increased. |
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□ |
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Decreased. |
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□ |
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Stayed about the same. |
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What was the total gross revenue of this business in 2014?
□ $25,000–$49,999
□ $50,000–$99,999
□ $100,000–$249,999
□ $250,000–$999,999
□ $1 million - $5 million
□ $5 million – $10 million
□ Over $10 million
How does the total gross revenue of this business in 2014 compare to that of the previous years:
2013 |
2012 |
2011 |
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___ Increased |
___ Increased |
___ Increased |
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___ Decreased |
___ Decreased |
___ Decreased |
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___ Stayed about the same |
___ Stayed about the same |
___ Stayed about the same |
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___ NA (was not in business) |
___ NA (was not in business) |
___ NA (was not in business) |
How does the total profit earned by this business in 2014 compare to that of the previous years:
2013 |
2012 |
2011 |
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___ Increased |
___ Increased |
___ Increased |
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___ Decreased |
___ Decreased |
___ Decreased |
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___ Stayed about the same |
___ Stayed about the same |
___ Stayed about the same |
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___ NA (was not in business) |
___ NA (was not in business) |
___ NA (was not in business) |
Do you currently have plans to expand your business?
___ Yes →Continue ___ No → Go to Q16
When do you plan to expand?
____ Within the next three years
____ In more than three years
____ Unsure, it depends on the economy and/or other factors
How do you plan to fund the expansion of your business?
___Personal savings of the owner
___ Personal assets other than savings of the owner
___ Personal loan
___ Home equity loan
___ Personal credit card(s)
___ Business credit card(s)
___ Business loan from a bank or financial institution
___ Government-guaranteed business loan from a bank or financial institution
___ SBA loan
___ Venture capital investment
___ Loan from family/friends
___ Investment from family/friends
___ Crowd funding
___ Other (specify) _____________________________________
II. EXPERIENCE WITH CORPORATE SUPPLIER DIVERSITY PROGRAMS
Supplier diversity programs are offered by many corporations in order to increase their purchasing from and contracts with minority and women-owned business enterprises. Please answer the following questions about your experiences with such programs.
When you first started/acquired this business, did you plan to provide good or services to large corporations as a strategy to grow the business?
____ Yes ____ No
When you first started/acquired this business, were you aware of the requirements you would have to meet in order to do business with large corporations?
____Yes Continue ____ No Go to Q 18
How did you learn about the requirements you would have to meet in order to do business with large corporations? (Mark all that apply)
|
____ |
Spoke to peers and colleagues who were doing business with large corporations |
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____ |
Spoke to buyers or procurement officials in large corporations |
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____ |
Spoke to various corporate representatives |
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|
____ |
Attended business development and/or training events |
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____ |
Conducted independent research using the internet or other methods |
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____ |
Other (please specify:_______________________________) |
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If YES on Q17 go to Q 19 after answer |
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Why did you not plan to provide good or services to large corporations as a strategy to grow the business?
____ |
Product/Service was targeted to consumers |
____ |
Did not want to grow too large |
____ |
Requirements to become a vendor were too onerous and/or intrusive |
____ |
Did not think my company had the capacity to meet the demands of large contracts |
____ |
Did not think I could secure financing to meet contract demands |
____ |
Did not think large corporations would be interested in doing business with my company |
____ |
Other (please specify:_______________________________________________) |
Do you currently have plans to increase your company’s revenue from contracts with large corporations?
___ Yes →Continue ___ No → Go to Q21
When do you plan to increase these revenues?
____ Within the next three years
____ In more than three years
____ Unsure, it depends on the economy and/or other factors
What do you believe are/will be the greatest impediments to your ability to obtain contracts with large corporations? (Mark all that apply.)
___ Lack of contacts within decision-makers in large corporations
___ Lack of relationships with buyers in large corporations
___ Lack of capacity to meet demand
___ Insufficient capital
___ Insufficient information about contract opportunities
___ Insufficient information about vendor requirements
___ Complexity/bureaucracy of the contracting process
___ Other (specify________________________________________________)
Have you or do you plan to form a joint venture or strategic alliance in order to pursue contract opportunities with large corporations?
___ Yes ___ No
How do you most frequently learn about contract opportunities with large corporations?
___Corporate supplier diversity managers
___ Corporate purchasing/contract managers
___ Notification from business and/or service organizations (e.g., WBENC, Chamber of Commerce, NAWBO, etc.)
___ Relationships with business peers
___ Networking with other business leaders
___ Networking events (including trade shows and fairs, matchmaking events, etc.)
___ Trade press or other media
___ Other (specify ___________________________________________________)
Are you aware of corporate supplier diversity programs?
___ Yes → Continue ___ No → Go to Q26
Have you used or attempted to use any corporate supplier diversity programs to grow your business?
___ Yes → Continue ___ No → Go to Q25
Have you received any contracts or subcontracts as a result of your participation in corporate supplier diversity programs?
___ Yes → Continue ___ No → Go to Q26
Between 2011 and 2014, has the total gross revenue earned through corporate supplier diversity programs generally:
___ increased?
___ decreased?
___ stayed about the same?
GO TO Q26 AFTER ANSWER
Why have you not used (or attempted to use) any corporate supplier diversity programs to grow your business? (Mark all that apply.)
___Not a key component of my company’s business strategy for generating revenue
___Too much red tape
___Procedures/paperwork too time-consuming
___Procedures/paperwork too intrusive
___Do not know about corporate supplier processes and/or how to access them
___Do not know why certification is important to procure contracts
___Business not approved for certification
___Certification pending
___Takes years to get a contract
___Do not believe supplier diversity is helpful
___Some other reason (specify) ________________________________
How likely would you be to participate in the following services offered by corporate supplier diversity programs? (Mark all that apply.)
|
Not Likely |
Somewhat Likely |
Likely |
Mentorship/business development training
|
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Matchmaking with prime contractors/notice of subcontracting opportunities
|
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Introductions to corporate buyers/procurement decision-makers
|
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Educational programs about a specific company’s procurement process
|
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NOT LIKELY FOR ALL → CONTINUE SOMEWHAT LIKELY/LIKELY FOR ANY → GO TO Q28
Why would you not be likely to participate in any of the services of corporate supplier diversity programs? (Mark all that apply.)
___ Don’t believe they would help me grow my business
___ Too time-consuming
___ Would prefer to work directly with buyers
___ Believe being identified as a woman-owned business would limit opportunities for my company
___ Believe my company would be stigmatized by affiliation with supplier diversity programs
___ Some other reason (specify)_____________________________________________
IF NO ON Q.23 AND/OR Q. 24→ GO TO Q 30
Has a corporate supplier diversity manager taken any actions or provided any advice that helped you gain business with large corporations?
___ Yes → Continue ___ No → Go to Q 29
Indicate the level of actions or advice provided for each of the following:
|
Not Provided |
Not Helpful |
Somewhat Helpful |
Helpful |
Assessment of my company’s capacity to provide their corporation with goods/services |
□ |
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Introduction to purchasing officers and buyers
|
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Notification of upcoming contract opportunities |
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Introduction to prime contractors
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Facilitated access to and/or better terms for trade credit or financing
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Discussed ways to grow my business (e.g., licensing, new products, global expansion, etc.)
|
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Provided information about how to create effective business alliances
|
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Supported inclusion clause in contracts to ensure diversity
|
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Interceded on my behalf to resolve issues, problems, etc.
|
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Did you encounter any major challenges or barriers in your attempts to gain business through corporate supplier diversity programs?
___ Yes → Continue ___ No → Go to question 30
What challenges or barriers did you encounter? (Mark all that apply.)
___ Could not contact anyone in the corporate supplier diversity office
___ Could not receive any information about upcoming opportunities
___ Could not obtain any guidance or useful guidance on requirements to become a vendor
___ My company’s certification was not accepted
___ Could not obtain any feedback on proposals and/or paperwork submitted, my company business model, standards, quality or safety standards
___ Was referred to purchasing officer but could not contact him/her
___ Was told there were no upcoming opportunities
___ Process was passive; was not actively connected to opportunities
___ Received very little or no guidance about the completion of required paperwork
___ Some other challenge or barrier (specify _____________________________)
Were you able to overcome these challenges and barriers?
___ Yes → Continue ___ No → Go to question 30
___ Decided to walk away as there were too many hurdles → Go to question 30
How did you overcome them?
___ Talked to someone higher in the organization
___ Sought advice from someone else in the organization
___ An advocate from outside the company interceded on my behalf
___ Performed as a subcontractor to better understand business requirements
___ Other:
_____________________________________
_____________________________________
_____________________________________
_____________________________________
ABOUT THE PRINCIPAL BUSINESS OWNER
Please answer the following questions about the principal owner of this business.
Are you of Hispanic or Latino origin? ___ Yes ___ No
What is your race? (Mark one or more.)
___ American Indian or Alaska Native
___ Asian
___ Black or African American
___ Native Hawaiian or Other Pacific Islander
___ White
What is your age?
___ Under 25
___ 25–34
___ 35–44
___ 45–54
___ 55–64
___ 65 or over
What was the highest level of school you completed?
___ Less than high school
___ High school diploma or GED
___ Technical, trade, or vocational school
___ Some college, but no degree
___ Associate degree
___ Bachelor’s degree
___ Master’s, doctorate, or professional (e.g., J.D. or M.D.) degree
What is your current marital/relationship status?
___ Never married
___ Married
___ Domestic partner
___ Widow
___ Divorced
___ Separated
Are you a primary caregiver for any of the following? (Mark all that apply.)
___ Children 18 years old or younger
___ Children over 18 years old
___Elderly parents or other relatives
CONCLUSION
Is there anything else you’d like us to know about your experiences in the corporate market or with corporate supplier diversity programs?
___ Yes → Continue ___ No → Conclude Survey
What would you like us to know?
________________________________________________________________________________________________________________________________________________________________________________________________________________________
File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
Author | Kelley, Erin M. |
File Modified | 0000-00-00 |
File Created | 2021-01-25 |