Women Businesses Multiplying

The number of women-owned businesses is growing at a faster rate than any other group of businesses.

According to American Express Open women-owned businesses have grown 1.5% faster than any other group over the past 15 years.  29% of businesses are now owned by women.

On the other hand women-owned businesses are growing slower than some other businesses.  Only 4% of the U.S. revenue comes from women-owned businesses.  In addition women-owned businesses account for only 6% of employment in the U.S.

As the number of women-owned small businesses rapidly increases, the size and revenue of these businesses will hopefully grow as well.

 

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Posted on July 25, 2012, in Uncategorized. Bookmark the permalink. Leave a comment.

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