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.
Lotus Home Improvement - MBE Certified
Lotus Home Improvement 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
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Chicago area general contractors and installers bidding on government or private RFQs: a certified State of Illinois and City of Chicago MBE product distributor is now available to support your needs. Contact us today, and let us connect you with a dedicated pro account manager to streamline your bidding and contract process. With our MBE certification and extensive experience, we are here to provide Chicago contractors with the products and support needed to stand out on any RFQ, both public and private. Reach out today for specialized assistance from your dedicated pro account manager.Let us be your trusted MBE partner for competitive contract bids in the Chicago area.
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Another advantage is the tax benefits and credits available to businesses. With less than 2% of minorities certified as construction product distributors, Illinois—and many other states—offer tax incentives to companies that purchase from certified MBEs. When you source materials from Lotus Home Improvement, your dedicated sales representative will supply you with detailed invoices and receipts for all purchases made within the current tax year. Present these to your accounting professional to receive valuable tax credits for supporting a certified Minority Business Enterprise.
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Support
Partnering with an MBE is a powerful way to show your commitment to diversity. It signifies that you prioritize sourcing products and services from diverse organizations, aligning with your supplier diversity goals and supporting community-focused economic growth. This choice not only advances diversity, equity, and inclusion efforts within your organization but also strengthens the local economy by backing certified businesses equipped to deliver excellence. Certified MBEs are prepared to meet your needs with a dedication to quality that benefits everyone involved.
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Trusted
Partnering with woman- and minority-owned businesses, like the Johnsons at Lotus Home Improvement, fosters innovation and inclusivity while attracting customers who value diversity. Proudly representing top-quality residential and commercial construction products across Chicago, we deliver excellence with trusted partners.
The Hackett Group found that every $1M spent with MBE-certified suppliers yields over $3M in ROI. Ready to boost your ROI? Let’s connect!