Entrepreneurship & Small Business Development

New research indicates that women are leaving the corporate world at twice the rate of men. Many of these women are choosing to go into business for themselves. The Center for Women’s Business Research estimates that there are about 10.1 million privately-held women-owned firms in the United States, accounting for two out of every five businesses in the country. These firms generate $1.9 trillion in annual sales and employ 13 million people nationwide. In 1994, legislation was passed requiring the federal government to award a minimum of 5 percent of its contracts to women-owned businesses, a target that has never been met. There are currently no incentives, government departments or agencies tasked with enforcement and no consequences for failing to meet designated targets. Researchers in our network are working to improve guidelines and compliance to benefit women-run businesses.

State of Women-owned Businesses Report

As of 2012, it is estimated that there are more than 8.3 million women-owned businesses in the United States, generating nearly $1.3 trillion in revenue and employing nearly 7.7 million people, according to the second annual State of Women-Owned Businesses Report, commissioned by American Express OPEN. The growth in the number (up 54 percent), employment (up 9 percent) and revenues (up 58 percent) of women-owned firms over the past 15 years exceeds the growth rates of all but the largest, publicly-traded firms.
 
Great news for women-owned businesses right? To a point.
URL: 
http://openforum.com/womensbusinessreport

‘Recession-Tested’ Women-Owned Small Businesses Offer Key Lessons for Economic Recovery

Many of today’s women-owned businesses (WOBs) are led by recession-tested entrepreneurs whose experiences provide valuable insight into the challenges that may await aspiring small business owners. A new study released by Chase Card Services, a division of JPMorgan Chase & Co., NFIB and the Center for Women's Business Research, looks at how women small business owners performed during the “Great Recession.”

URL: 
http://www.nfib.com/Portals/0/PDF/AllUsers/research/studies/nfib-chase-wob-study-2012.pdf

Small Business Lessons of the Recession

Many of today’s women-owned businesses (WOBs) are led by recession-tested entrepreneurs whose experiences provide valuable insight into the challenges that may await aspiring small business owners. A new study released by Chase Card Services, a division of JPMorgan Chase & Co., NFIB and the Center for Women's Business Research, looks at how women small business owners performed during the “Great Recession.”

URL: 
http://www.nfib.com/wobstudy

Giving Voice to New Jersey's Caregivers: The Union Experiences of Home-Based Child Care Providers

 A new study released by the Center for Women and Work (CWW) at the School of Management and Labor Relations at Rutgers University describes how home-based workers have fared three years after unionization and only four years after they gained the right to organize.

URL: 
http://smlr.rutgers.edu/sites/smlr/files/Giving%20Voice%20Final%20-%20for%20release%20May%2023%202012.pdf
Member Organization: 
Syndicate content