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Female Entrepreneurs

How Brilliant Women Make Business Bloom WOMEN Women entrepreneurs are making great strides in the market place. In fact women-owned businesses grew 44% between 1997 and 2007, twice as fast as male-owned companies. This is primarily because women are in industries experiencing a lot of growth, such as healthcare. However, unfortunately, there are still challenges that lay ahead. We'll discuss some of these issues and how to overcome them. MEN Women-Owned Businesses at a Glance 7.8 grown of women-owned 44% 00 businesses between 1997 and 2007 (twice as fast as men-owned firms) million women-owned businesses in U.S. in 2007 $1.2 trillion in receipts 7.8 3.9% 30% of all businesses of all businesses workers work for nationwide are nationwide are women-owned companies women owned women owned Where Girls Rule Women-Owned Women-Owned Businesses Businesses by State by Metro Area California Техas New York 1,000,000 610,000 594,000 Los Angeles - Long Beach - Chicago Naperville - New York Northern New Jersey - Long Island 13.3% 7.8% 7.6% Santa Ana Joliet 410,000 271,000 605,000 Industries Confronting the Challenges • Women-Owned Companies • Men-Owned Companies Number of Firms Number of Businesses Amount in Receipts ($ trillion) These are the top 5 industries that have the most women- owned businesses. (million) 1.2 1,300,000 7.8 13.9 19.2 Other Services (not public administration) 1,200,000 All Receipts (percent) Privately Held companies (ipercent) Health Care and Social Assistance 4.2 30 1,100,000 63.6 70 Professional, Scientific, and Technical Services Sales Workforce 919,000 (percent) (percent) Retail Trade 11 13 89 87 786,000 Administrative Support/Waste Management Remediation Where the Money Is Start with less Start with (percentage of receipts compared with all women- owned businesses) |21% capital and less likely to borrow to expand more money and borrow to 15% expand 19% |9% 18% 19% | CreditDonkey Women entrepreneurs can visit to compare small business credit cards. *Professional aTechnical Sen SOURCES: U.S. Department of Commerce, Economics and Statistiks Administration (http://www.esa.doc.gowReports/women-owned- businesses-21st-centuryl, US. Census Bureau helps small business owners with "donkey-proof" (easy to understand) financial tips and deals. 2$

Female Entrepreneurs

shared by borisbenko on Feb 18
Women entrepreneurs are making waves in the business world. While they are still in the vast minority, the number of women-owned businesses grew twice as fast between 1997 and 2007 when compared to th...


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