Working With Women Business Owners
October 22, 2018 at 07:00 AM EDT
More than 11.6 million businesses are owned by women today. What’s more, these women-owned businesses employ almost nine million people. The facts don’t lie. Women-owned businesses are growing at a truly astounding rate. Not only are they on the rise, but their sales are impressive too. According to the National Association of Women Business Owners, women-owned businesses generated $1.7 trillion in sales, as of last year. In addition, one out of every five businesses with revenues of $1 million or more are owned by women. Still need more convincing? Over the past two decades, the amount of women-owned businesses has grown 114 percent in comparison to the national growth rate of 44 percent for all businesses. Be sure to visit our Practice Management centre for the most recent updates.