Women in Business

Powerful Essays
Women Entrepreneurs in Business

While women still face an uphill battle when it comes to breaking the corporate glass ceiling, many women are finding success these days as entrepreneurs, building their own businesses without those ceilings to hold them down. The growth rate of women-owned businesses has climbed steadily, even as they continue to face challenges with getting the financing and other assistance they need to succeed. However, there's no doubt that women entrepreneurs are, as a group, innovative and highly successful.

"Look at women in business today, and you see a distinct new generation of Entrepreneurs. They are experienced, educated and have an appetite for growth." – Julie Weeks, Director of Research, Center for Women's Business Research. The 90's marked the start of the phenomenal growth rate of businesses started by and owned by women. In an a report released by the Center for Women's Business Research the latest data reported in "Key Facts about Women-Owned Business-a 2007 Update" shows that for the past two decades majority women-owned firms have continued to grow at around two times the rate of all other firms. Between 1997 and 2006 the number of privately held firms by women of color grew five times faster than all private held firms. Women-owned firms account for 41% of all privately held firms, employed more than 12.8 million people and generate $1.9 trillion in sales. Three percent of all women-owned firms have revenues of $1 million or more compared with 6% of men-owned firms. Women-owned firms with revenues of $1 million or more are more likely to market their products and services nationally. The largest share of women-owned firms is in the service sector. More than two-thirds (69.0 %) of these firms (5.3 million) are in services; 14.4% (1.1 million) are in the retail trade; and 7.7% (0.6 million) are in real estate, rental and leasing. From 1997 to 2006, the greatest growth among 51% or more women-owned firms has been in
• Wholesale

You May Also Find These Documents Helpful

  • Good Essays

    women in business

    • 1076 Words
    • 4 Pages

    "Women in the Workplace: A Research Roundup." Harvard Business Review. Harvard Business School Publishing, n.d. Web. 06 May 2014. 1. According to Catalyst study of 1,660 business graduate students, men are given more critical assignments that may lead to advancement then women do. 2. Men are normally given bigger budgets. 3. “Only 22% of the women, but 30% of the men, were given budgets of more than $10 million, and just 46% of the women, versus 56% of the men, received P&L responsibility.”…

    • 1076 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Women in Business

    • 2272 Words
    • 10 Pages

    WOMEN IN BUSINESS Course: HRMG 5000 Managing Human Resources Term: Summer, 2011 Paper #1: Women in Business Student: Daphne Westerlaken – van Westen Contact information: daphne.van.westen@fluor.com University: Webster University Leiden Instructor: Arthur De La Loza -2Abstract There is a direct correlation between corporate finance performance and women in leadership roles. The number of female college graduates and overall percentage of females in the workforce is increasing. Therefore the…

    • 2272 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    Women in Business

    • 366 Words
    • 2 Pages

    topic. The decisive factors that would qualify me to be considered for a scholarship are: 1) Men and women in executive positions in the business world state that we need more female executives. Companies cannot do without the potential of highly qualified women. Current executives are convinced that management culture will gain new impulses through management teams consisting of women and men alike, and that these mixed teams will contribute to the diversity of opinions and perspectives in…

    • 366 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Women in Business Management Businesses all around the world have their own particular ways of doing business depending on their culture, location, resources, etc. The roles of women in business management differ from country to country; sometimes they have no roles at all. In the U.S., India, and China the roles of women share many similarities and differences. One country could be a women’s dream when it comes to advancing their career but another’s nightmare, rights and responsibilities of women…

    • 2473 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Women and Family Business

    • 5206 Words
    • 21 Pages

    ZENITH International Journal of Business Economics & Management Research Vol.1 Issue 1, Oct 2011, ISSN 2249 8826 Online available at http://zenithresearch.org.in/ WHY WOMEN WANT TO ENTRE INTO FAMILY BUSINESS? Dr. Babli Dhiman*, **Ms. Harvinder Kaur**, * Assistant Professor, Dept. of Management, Lovely Professional University, Phagwara. **Student MPhil, Lovely Professional University, Phagwara. ABSTRACT The rate of women entry in family businesses is increasing in recent years. Therefore…

    • 5206 Words
    • 21 Pages
    Good Essays
  • Better Essays

    Women in Global Business

    • 7252 Words
    • 30 Pages

    Journal of Comprehensive Research, Page 56 Take a bow: culturally preparing expatriates for doing business in Japan Giuliana Scagliotti Nova Southeastern University Bahaudin Mujtaba Nova Southeastern University Abstract There are many cultural dimensions that firms should always consider and implement in their expatriate training programs. Insufficient cultural training can lead to business disasters for the multinational and the expatriate. Appropriate cultural training for expatriates can bring…

    • 7252 Words
    • 30 Pages
    Better Essays
  • Satisfactory Essays

    GERMAN CULTURE WOMEN IN BUSINESS IN GERMANY I read this article of a German woman, and how the German culture has one of the widest gender wage caps on the continent. Millions of working mothers and sometimes fathers, have to make often difficult trade-offs when it comes to work and family, but labor experts says the calculus is especially harsh in Germany. The government and union leaders are creating a drag on female participation in the work force and, consequently, on economic growth. I think…

    • 342 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Fifth Business Women

    • 1566 Words
    • 7 Pages

    Ali Zaidi Professor Meade ENG185YS 27th April, 2009 The Importance of Women Characters in the Novel Fifth Business The Fifth Business by Robertson Davies is told in the form of a letter written by Ramsay on his retirement from teaching, “a character essential to the action but not a principal” that was affected by or had an effect on the other characters of the play. The life of Dunstan Ramsay is the backdrop and the thread connecting countless subplots and themes, but as his very evident…

    • 1566 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Business Women South Africa

    • 3003 Words
    • 13 Pages

    Empirical analyses of the role allocation between women and men in small and medium sized businesses and description of the most important influence factors. Empirical analyses of the role allocation between women and men in small and medium sized businesses and description of the most important influence factors. Introduction The word “glass ceiling” is a topical theme within the current business life. Women confront with limits in top levels of organizational hierarchies…

    • 3003 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    entrepreneurial women is very limited. There are numerous books that depict the lives of wage-earning women in Canada; however works on self-employed women are uncommon. The Business of Women- Marriage, Family, and Entrepreneurship in British Columbia, 1901-1951, was written by Melanie Buddle in 2010, under UBC Press. In The Business of Women, Buddle attempts to highlight the key features of entrepreneurial women in the 1900’s in Western Canada, exploring how and why women entered the business world. In…

    • 3777 Words
    • 16 Pages
    Powerful Essays