Showing posts with label state of women-owned businesses. Show all posts
Showing posts with label state of women-owned businesses. Show all posts

Saturday, May 17, 2025

The Presence of Women in Business Is Growing

Women today are continuously breaking barriers in the workplace, rising to positions of power, and running their own businesses.

Women in leadership, and ownership roles have revolutionized certain aspects of business. According to a report from Women’s Entrepreneurship Knowledge Hub (Canada), the majority of women-run businesses were more proactive in addressing employees’ skills gaps, as 15.6 per cent of all businesses had no plans to do so compared to only 11.7 per cent of majority women-owned businesses. 

For a look at the state of women in business (2024) in USA, visit here and their impact (2025), visit here.

It is important to lean on the other women in business, such as the members of the Women Presidents Organization or Women Entrepreneurs Grow Global®.

Stay true to your values and keep growing.

Saturday, February 22, 2020

Women Entrepreneurs Are Making a Positive Impact on our Business Ecosystem

As we celebrate Women’s History Month this March, let's also celebrate and salute all the women entrepreneurs for their hard work, smarts and perseverance to get things done.  Business success doesn't come easy yet it's the women entrepreneurs who are determined to accelerate their own growth.
According to The 2019 State of Women-Owned Business Report commissioned by American Express, “Between 2014 and 2019, the number of women-owned businesses climbed 21% to a total of nearly 13 million (12,943,400). Employment grew by 8% to 9.4 million. Revenue rose 21% to $1.9 trillion.”
It is evident the positive impact women entrepreneurs are making on our business ecosystem.

Saturday, November 03, 2018

How SHE Got it Right

According to the latest State of Women-owned Businesses report from American Express, four in 10 businesses in the U.S. are now majority-owned, operated and controlled by women.

Last year alone, 1,821 new women-owned businesses opened in the U.S. each day.

How can women entrepreneurs make sure their company goes the extra mile to become successful?

Below is advice from a handful of women business owners.
  1. Take a step-by-step approach
  2. Don't sell yourself short
  3. Learn to embrace rejection
  4. Give back to get back
  5. Learn from your team
  6. Create a culture of solution seekers
  7. Keep the end goal in mind
  8. Find a role where you own a P&L
Read the entire article about how these women business owners got it right.

Sunday, May 24, 2015

What Used to be a Man's World on Business Ownership Is Long Gone

Twenty-eight years ago Pam Sullivan wanted to launch her own marketing company in Boston but ran up against one serious problem:  As a female sole proprietor, she couldn't secure a loan. With help from the Small Business Development Center, she put together a business plan and secured the money that helped launch a new career.

Fast-forward to now where that sort of problem is a lot rarer.

According to a new report, "2015 State of Women-Owned Businesses," commissioned by American Express OPEN, nationally, the number of women-owned businesses has increased 74 percent since 1997.  Sales figures for women-owned businesses in New Hampshire where Sullivan is based now reached nearly $8 billion, more than double the total in 1997.

One of the key statements made in the article is this:
“What I’d attribute the growth to is there are quite a large amount of resources, things like the Small Business Association, groups that are very willing to extend their help,” she [Tonya Rochette, vice president and partner at Human Resource Partners, which has offices in Concord and Dover] said. “And perhaps more women are willing to ask and accept the help.”
Read the entire article here.