New data released by American Express OPEN and Womenable reveals some of the impressive achievements of million-dollar women-owned businesses over the past 10 years. Using U.S. census data, the report was authored by American Express OPEN research advisor Julia Weeks. Taking a look at million-dollar women-owned firms by industry as reported by this research, wholesale trade … [Read more...]
The Expert is In
As a consultant I am constantly cast in an expert role and for the most part that’s okay, but I want to be clear….I don’t know everything and that’s what makes me an expert. I know a lot about my specialty but when it comes to taking my own advice, I could do a little better. So here’s the best advice that I can give myself and hopefully it will work for you as well. Be still … [Read more...]
Growth and Struggles of Women-Owned Businesses [Infographic]
American Express released its second annual State of Women-Owned Businesses report that provides insights into the state of women-owned businesses in the United States. The study shows that the growth of women-owned businesses has exceeded any other group over the past 15 years -- 1.5 times greater than any other business counterpart. The growth rates are impressive. As … [Read more...]
Women Small Business Owners Are America’s New Job Creators [Infographic]
Did you know that 99% of the employers in the United States are small businesses? Did you know that the number of women-owned businesses in the United States increased by 20% from 2002 to 2011? In other words, women small business owners are playing an incredibly important part in job creation in the United States as more and more women take control of their own careers, … [Read more...]
Women Entrepreneurs, Funding, and the Economy
Over the years more and more women are launching their own businesses and brands. The Women's Business Development Center in Chicago recently had its 25th Anniversary Conference (http://www.suntimes.com/business/7617557-420/women-entrepreneurs-see-progress-over-25-years.html). They have said that there has been an enormous amount of growth in women-owned businesses, but … [Read more...]
The Economic Power of Women in Relation to Women Owned Businesses
Post by Amy Blais, contributing Women On Business writer As a women’s business organization we are constantly getting questions about the relevance and importance of women owned businesses. And, as an organization with a mission to connect women owned business with business opportunities, access to contracts and relationships with corporations, there are many different … [Read more...]
Finding Loans for Women Owned Businesses
Post by Amy Blais, contributing Women On Business writer If you live in the New York area, you may have seen the recent commercials about Mike Bloomberg’s Women for Bloomberg coalition campaign. Bloomberg, along with others, is focused on helping women and minority owned businesses with loans to help them grow. During tough economic times, it may feel like banks are … [Read more...]
The Importance of Being Certified as a Woman Owned Business
Post by Dr. Marsha Firestone, contributing Women On Business writer Supplier diversity in a company is usually a department that encourages the use of diverse vendors as suppliers. This includes Minority Business Enterprises (MBE), Women Business Enterprises (WBE), Disadvantaged Business Enterprise (DBE), and Disabled Veteran Businesses (DVB). At the WPEO, we certify … [Read more...]