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The Rise Of Women In Business

The Rise of Women InBusiness Female Entrepreneurship in the UK Less than a third of Since the beginning of the recession in 2008 there has those that are self-employed within the UK are women. been an increase in self-employment. Over 80% of the newly self-employed between 2008 and 2011 are said to be women. Despite this large increase it is still estimated that only 1.5 million women are 17% of business owners across the country are female. self-employed in the UK, an increase of approximately 300,000 since before the economic downturn. UK businesses run by women are proven to have a gher churn rate. Closure is more likely to be justified by "personal reasons" such as family rather than business Closures are highest for women aged failure. 25-34. The Under-Represented Minority Men are average, women start businesses with twice as likely to take on an entrepreneurial much lower levels of finance and other resources. venture than women. That under-capitalisation can hold back growth prospects and make women feel less 15% of all businesses in the UK are majority female owned as opposed to a staggering confident. 60% that are solely male owned. Women who are able to start businesses with the same level of resources as men are equally successful. And women become even more Many women also start-up their own businesses as side ambitious than men when their business is projects alongside their current occupations. established. Why self employment appeals to women Most women say they become self-employed to be independent, flexible, fulfilled by the work they do and to make a difference. 20% of women cite family reasons, compared to just 4% of men. Women in SME's (Small to Medium Enterprises) Approximately £50 billion in UK economic output was attributed to female-piloted SME's. 2006 2010 7.4% of the 25% working population are women 2011 was involved in 75% entrepreneurial activity. are men 18% of small to medium sized businesses in the UK were owned 2012 or run by women; that's nearly a million businesses! Things are looking up! On The Rise! Forbes List Just 172 20 years ago there were less than women made the Forbes billionaires list this year. 650,000 This figure is up 25% from last year! women in the UK who were self-employed. 32 of these female billionaires are self-made. This number has 140 more than doubled since! of these inherited their fortunes. Sources MERCHANT MONEY MM FUNDING YOUR BUSINESS SUCCESS

The Rise Of Women In Business

shared by jakep on Apr 28
In recent years there has been a large increase in the number of women going it alone in the world of business. In fact the number of female entrepreneurs has more than doubles in the last two decade...


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