More and more women are living the dream and becoming business owners. In fact, according to About.com, recent statistics reveal an incredible level of success and growth of United States businesses owned by women.
- There are approximately 10.4 million firms that are at least 50% women-owned.
- Companies owned by women employ 12.8 million workers.
- Women-owned businesses earn approximately $1.9 trillion for their sales.
- Over the past twenty years, there has been a 42% growth rate in the number of female owned businesses. This number is compared to the 24% growth of businesses overall.
- 41% of private firms are owned by women.
- 42% of businesses owned by individuals of color are run by women, and these women-owned businesses employ approximately 1.6 million workers.
As more women realize the benefits of operating a business, the numbers of women-owned businesses are growing.
Are you ready to take that next step and raise the percentage of women who own their own business?
Let’s take a look at more information.
Why Women Should Own Their Own Businesses
Do you struggle to put food on the table every week? Are you tired of living paycheck to paycheck?
Even if your financial situation isn’t so bad, you may be growing tired of fulfilling someone else’s dreams while you are longing to pursue your own. Starting your own business may seem like a leap of faith you’re not sure you’ll be able to take.
If you are wondering if this could be a possibility for you, consider the very real benefits:
- Earn more money
- Increased self-esteem
- The ability to spend more time with family
- More control of the direction of your life
- The ability to pursue the things that excite you
- A powerful voice in the community
- The ability to give back and help others
Everyone has a destiny and a purpose to fulfill. If you don’t feel like working in a 9-5 position for someone else is for you, it may be time to seriously consider your own business. If finances are stopping you, here is some good news.
Grant Opportunities for Women Business Owners
Grants for women entrepreneurs are available and can help jump start you to success. Each grant has different stipulations, requirements, and deadlines. Here is the information to get you started in the right direction.
- SBA (Office of Women’s Business Ownership)- The Small Business Association, or SBA is literally a storehouse of valuable information and education for budding entrepreneurs. The Office of Women’s Business Ownership through the SBA offers counseling and training to both new and existing women business owners. Workshops, technical assistance, and self-assessments are available as well.
- Financial Women International - The National Council of Women’s Organizations offers help to women who wish to become leaders in financial services and banking. Annual conferences are held to help women in these industries become effective and successful leaders.
- Count-me-in: Make Mine a Million- Make Mine a Million: Count Me In is a non-profit organization that provides women who own small business with the education, support, and resources they need to develop million dollar companies.
- The Women’s Funding Network - This organization accepts donations from its members to help fund education for women, reduce women-related violence, increase economic security for girls and women, and improve women’s health. On average, they provide women all over the world with $65 million a year. For women business owners, leadership training is available to help make their companies successful.
- American Association of University Women - Obtaining the right education when you are planning on starting your own business is essential. The American Association of University Women provides women who wish to advance their careers or are re-entering the work force with the funding they need to return to college and earn their degree. Women must have at least a bachelor’s degree and be U.S. residents. Special consideration is given to women of color and those who are pursuing a degree in a non-traditional field.
More and more women are starting their own businesses and finding the success they deserve, so why don’t you? With the right education and funding, you can take control of your life.
Are you ready to be the next women business leader in your community?