Women in Business 2025 Report

The Women in Business 2025 research highlights the broad array of external pressures prompting firms to improve the gender balance of their teams, and the important role it could play in improving firms’ capacity for growth. Consequently, or otherwise, businesses are also putting pressure on themselves to improve. Globally, just 0.2% of firms say they don’t have a gender equality strategy in place for at least one fundamental business process.

The findings in this Women in Business 2025 report are drawn from interviews conducted between July and September 2024. It should be noted that this year, the data was collected nine months after the previous data set, as opposed to the previous year, where data was collected on an annual basis.

Read the full report (well worth it) by Grant Thornton and discover drivers of diversity, even in 2025, the year of massive change for all organizations.

Key Factors That Propel Women's Business Success

Here's a look at the key factors that women say have propelled their business success and sustained them through the tough times.

The report by KPMG is a decade old (2015).  See, if in your opinion, anything has changed since then.   The table of contents is:

1. Perspectives of the successful female entrepreneur
2. Controlling their destinies
3. Good advice:  Welcome, but sometimes hard to find
4. Room for self-improvement
5. Not-so-risky business decisions
6. Conclusion 

Discover good answers to the following questions:

• What motivates women to launch their own companies?
• What traits do they believe are most responsible for their success?
• What are the challenges they encounter in building their businesses?
• And in what ways do they hope to improve in order to advance even further professionally?

Read the report:  Women Entrepreneurs:  Passion, Purpose and Perseverance

Committed to Empowering Diverse and Black Women-Owned Businesses and Entrepreneurs

Committed to empowering diverse and Black women-owned businesses and entrepreneurs, Wells Fargo took center stage at the Woman Evolve Conference 2024 to highlight the importance of unlocking growth for small businesses and entrepreneurs.

Women are ready to learn, connect, and grow. It was a testament to Wells Fargo’s commitment to ensuring that diverse businesses have access to capital, financial education, mentorship, and community. 

The economic potential of women entrepreneurs is vast. The latest statistics show that women-owned businesses contribute significantly to the U.S. economy, generating $2.7 trillion in revenue and employing 12.2 million workers. 

As women-owned businesses continue to grow, it’s essential to recognize the progress made, particularly among Black women, during challenging times.

Black Women Entrepreneurs Make Significant Contributions to the Economy

According to the Wells Fargo 2024 Impact of Women-Owned Businesses Report, between 2019 and 2023, Black/African American women-owned businesses saw average revenues increase 32.7%, compared to 12.1% for all women-owned businesses. 

In spite of this impressive growth, systemic disparities in funding and mentorship opportunities persist. Fortunately, new programs are addressing these gaps.

Read on to learn how black women entrepreneurs make significant contributions to the economy.