7 Incredible Facts About Women Owned Businesses

Owning a business, whether big or small, takes a lot of positive attitude to succeed. Not everyone is naturally cut out to be a business owner but everyone can try their luck, and coupled with the right mind set, they can overcome obstacles and actually be a big name in the industry. In the past, men have dominated different business industries but as years passed when more opportunities were made available for women, they too, have started succeeding.

Each year, women-owned businesses employ millions of people in their localities. This statistic shows how a local’s economy is boosted with the contribution of these business ventures owned and ran by women. It is not only the locality’s economy that benefits but more importantly the lives of the employees as they have a good source of income for their families.

Women are no longer confined in the home. The following industries are where women-owned businesses flourish: education, health care and entertainment. In the United States alone, there are an estimated 11 million women-owned businesses. That is about 38% of all businesses in the entire country, or more than a third of all businesses in the US. There has been an increase of 11% from 2007.

We have created this infographic listing interesting facts about businesses owned by women. The statistics show how these businesses have steadily increased over the years and how they contribute to the country’s economy and livelihood of people they employ.

Here is the image. We hope this will inspire you to start your own business, whether you are a woman or not.

7 Incredible Facts About Women Owned Businesses

7 Incredible Facts About Women Owned Businesses was last modified: January 4th, 2017 by Sarah