Women Business Owners 

Women business owners (WBOs) own nearly half (48%) of all privately-held U.S. firms for a total of 10.6 million firms.

WBOs employ 27.5 million people, 35% more workers than all the Fortune 500 companies worldwide

They generate over $3.6 trillion in sales annually.

One in seven employees works in a woman-owned business.

Between 1997 and 2004, the estimated growth rate in the number of women-owned firms was nearly twice that of all firms, employment expanded at twice the rate of all firms and estimated revenues kept pace with all firms.

From 1987-1999 the number of women-owned businesses increased 103%; employment grew 320%; sales rose 436%.

In the United States, women-owned firms represent 38% of all firms; internationally, women-owned firms represent 25% to 33% of the total business population.

Four in 10 (39%) women business leaders are involved in the international marketplace.

The number of businesses owned by women and minorities grew in recent years two or more times faster than the national average…The growth of minority-owned business in the U.S. surpassed the national average in 2002, as the number of Hispanic-owned businesses increased 31%, black-owned businesses by 45% and women-owned businesses by 20%.

U.S. Census Bureau, July, 2005

The 1,067,000 minority women-owned firms employ nearly 1.7 million people and generate $184.2 billion in sales.

Women entrepreneurs are more likely than men business owners to place value on business relationships and on factual information.

Women business owners are more likely than their male counterparts to seek out the opinions and input of others.

Among business owners who said "glass ceiling" issues were a factor in their leaving their previous position, women were more likely than men to report having experienced several specific aspects of the glass ceiling.

Women own approximately 66% of home-based business, numbering 3.5 million and provide full or part-time employment for an estimated 14 million people. In today’s economy, home-based businesses are a growth industry.

Road and Travel Magazine

Source: Center for Women’s Business Research, formerly National Foundation of Women Business Owners (NFWBO) [unless otherwise noted]


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