What are the latest statistics on women-owned businesses?

What are the latest statistics on women-owned businesses?

As of 2023, women own 42% of all businesses in the U.S., employing over 9 million people.

How has this changed over the past decade?

In the last ten years, the number of women-owned businesses has grown by 21%, significantly outpacing the overall business growth rate.

What industries are women entrepreneurs most active in?

Women entrepreneurs are most active in healthcare, education, and retail, with significant growth in tech startups.

Are there any challenges that women-owned businesses face?

Yes, women-owned businesses often face challenges like access to funding, networking opportunities, and balancing work-life responsibilities.

What resources are available to support women entrepreneurs?

There are many resources, including organizations like the National Association of Women Business Owners (NAWBO) and various grants specifically for women entrepreneurs.