The number of women business owners increased by 18% in 2017. Today, 26% of business owners are women, and they tend to be younger than male business owners with 51% of women business owners under the age of 50 compared to 44% of male business owners. This data comes from a survey conducted by Guidant Financial of 2,600 small business owners and hopeful business owners. Among … [Read more...]
Top 10 States for Women-Owned Small Businesses
According to the Thumbtack Small Business Friendliness Survey, New Hampshire is the best state for a woman to open a small business. New Hampshire also ranked as the second friendliest state for both male and female entrepreneurs. Texas took the top spot overall and came in second for women-owned businesses. The researchers surveyed 18,000 small business owners across the … [Read more...]
A Social Call to Arms for Entrepreneurs and Investors
A “call to arms” may bring up savage images for many of us. But, according to Webster’s, it can also mean “a summons or invitation to undertake a particular course of action.” It’s the nature of the times we live in. Everyone wants more meaning in their lives. So few of us have every wish fulfilled – even if we have everything we ever wanted. Success, fortune and fame still … [Read more...]
Connecting Women to Investors at Capital W: The Boston Women’s Venture Summit
Investor and businesswoman Sheryl Marshall started working with women-owned businesses and women venture funding in 1999 after spending years working in financial services where she fielded tons of calls from women looking for capital. She recalls, “Back then, only 2% of venture funding went to women-owned businesses, and most of that 2% went to iVillage.” This lack of … [Read more...]
State of Women-Owned Businesses 2014 – Infographic
The 2014 State of Women-Owned Businesses Report has been released by the National Association of Women Business Owners (NAWBO) and Web.com Group, Inc. According to the report, nearly nine out of 10 women business owners (87%) are optimistic about the economic outlooks for their businesses this year, which is a 12% increase over 2013 findings. When asked what they consider to … [Read more...]
State of Women-Owned Businesses and Women Presidents in 2013 [Infographic]
The Women's Presidents' Organization released the results of its Economic Impact Survey which offers key statistics about women-owned businesses and women presidents in general. According to the survey results, two out of three women presidents (65%) achieved positive growth during the first six months of 2013, with one out of two (50%) hiring new employees and nearly two … [Read more...]
Marketing Your Company, Not You
As I stumble through this minefield of entrepreneurship, I have learned that there has to be a significant switch in your thinking. We start businesses for a variety of reasons, mostly because we are really good at something specific. What happens is that you quickly realize that you cannot be the person that runs the business and the person who does the work. There has to be … [Read more...]
2013 State of Women-Owned Businesses Data Released [Infographic]
Optimism prevails among women business owners in 2013 according to the data from the 2013 State of Women-Owned Businesses report from Web.com and the National Association of Women Business Owners (NAWBO). The data comes from a survey of 552 women business owners conducted between December 14, 2012 and January 4, 2013. Of the survey respondents, 85% predicted that more women … [Read more...]
Female Entrepreneurs Are Making Business Boom [Infographic]
More female entrepreneurs are starting their own businesses in 2013 than ever, and the aggressive growth trend for women-owned businesses that started in 1997 shows no signs of slowing down. Today, women-owned businesses can be found in every industry and the statistics are truly amazing, as you can see in the infographic below from CreditDonkey. However, there are still … [Read more...]
Impressive Achievements of Million-Dollar Women-Owned Businesses Revealed
New data released by American Express OPEN and Womenable reveals some of the impressive achievements of million-dollar women-owned businesses over the past 10 years. Using U.S. census data, the report was authored by American Express OPEN research advisor Julia Weeks. Taking a look at million-dollar women-owned firms by industry as reported by this research, wholesale trade … [Read more...]