What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on May 8, 2013.
Learn more about SpinDistribute Article Distribution System.

The Importance of Minority Contracting

Article Category: Business

Author Name: [email protected]

A healthy local business environment is a basic component for having strong and sustainable communities. This sets the conditions for creating good job opportunities for the residents, which also keeps the wealth circulating around the neighborhood so everyone can get a shot at it, instead of being drained outwards. Such scenario is vital so communities can survive in the long run. This is also where minority contractors can create a big impact to the whole objective.

The main path to take is addressing disproportionate representation. This is so since the figures are not balanced at all; minorities make up a good 20% or more of the overall U.S. population, yet they only represent about 9% of existing construction firms. These firms are also bound to receive just about 5% of all the construction contracts made.

Now these are serious figures. The consequences of such divide is visibly devastating because construction activities are mainly affected by the "capacity catch-22" scenario - the firms having little capacities are not able to go after big projects, yet such incapacity will never allow companies to expand their own capacities on future big projects sufficiently.

Such low capacities and the lack of opportunities is a seemingly very big challenge to be solved simply by the promise of having equal opportunities, with market forces having too little influence to encourage better ideas and a working solution. This may be the thinking of the unsuspecting, but in truth moderate intervention is enough to make an impactful difference.

Assisting even a single contract for starters can already turn things around. This is achieved by dramatically increasing the capacities of firms standing at a disadvantage on a market dominated by the "big boys." Such increase of the capacities will aid in breaking the "lack of opportunities/ low capacities" cycle that had many minority contractors grounded for so long now.

Crafting successful policies intended for minority contractors truly requires business participation, which is considered an essential element of the event. By identifying the targets or recipients, eligibility will have to be addressed. Issues such as focusing on certain business types operating in the business industry and the contract types that will be used to secure agreement must be satisfied.

Smart communities know better than to ignore what minority communities can contribute to the society. In most cases, they are already being tapped to take their place beside the key players that encourages community welfare. Encouraging minority firms to participate in the building and strengthening of the economy has two main components: increasing the opportunities for everyone to avail and increasing the capacities to take on all available opportunities. All the best existing programs readily combine different approaches from each category. But for every strategy involved, targeting the minorities and defining what their roles should be in the community should be the first step of it all.

Crafting successful policies intended for minority contractors in the local scene can lead to so many good things; every business participating in it remains an essential component to the whole process.

Keywords: surety bond, surety bonds, performance bond, getting bonded, bid bonds, minority contractors

Learn more about SpinDistribute Article Distribution System. We also offer one of the Best Article Writing Services out there - give us a try if you need great articles on various topics!

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.