![]() ![]() Not for women business owners, says Guidant. Guidant’s 2022 Women in Business Trends report takes a deeper dive into the demographics of women-owned businesses. West Virginia (has the fewest women business owners).The states with the least number of entrepreneurial women are: ![]() The study didn’t include North Dakota and Rhode Island because Deputy says there was “a lack of data for women-owned businesses in those states,” but the District of Columbia was included. Small Business Administration Office of Advocacy to identify the states with the most and least women business owners. The Best States for Women Business Ownersĭeputy, a tech employee scheduling platform, analyzed 2021 data from the U.S. Guidant notes that the 2021 report had shown a “rise in the diversity of small business owners,” and it doesn’t know if the decrease of women of color-owned businesses is a result of the pandemic. Only 22% of the survey respondents were women of those, 9% were Black, 2% were Hispanic, 2% were Asian, and 2% were Indigenous Americans. ![]() The news wasn’t as good for women of color, according to Guidant Financial’s 2022 Women in Business Trends report. Women-owned businesses earned $1.8 trillion in revenues, but that’s only 4.3% of the total private sector annual revenues. 14.4%.Īdding to the total, a survey from Lending Tree says 14.5% of small businesses are equally co-owned by men and women. 5.2%, the companies owned by women boasted higher revenue growth-20.1% vs. And between 20, while the number of women-owned companies without employees grew slower than men-own businesses without employees-4.2% vs. These companies now comprise 41% of all non-employer firms in the country. There was also good news for the 10.9 million women-owned businesses without employees. Women-owned businesses with employees employed 10.8 million workers in 2019, an increase of 28% from 2012, far better growth than men-owned employer firms had with 10.8% workforce growth. In addition, gross receipts for women-owned companies increased “exponentially” (51.9%) during that time, while revenues for employer firms owned by men rose 34.2%. These businesses grew 16.7% between 20 compared to the 5.2% growth rate for men-owned firms. The 2022 Annual Report from the National Women’s Business Council ( NWBC) boasts that women-owned businesses “contribute substantially to entrepreneurship in the United States.” Its latest stats (from 2019) show 1.2 million women-owned employer firms (20.9% of all businesses with employees). How are women entrepreneurs actually faring? Women-owned businesses have faced all those challenges and more and remain undaunted about starting and growing their own businesses. It’s been a challenging few years for small business owners who’ve dealt with a global pandemic, shaky supply chain, uncertain economy, inflation, and labor shortages. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |