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Women start businesses at twice the rate of men—one every 60
seconds. (Business Women's Network) |
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As of 1999 there were 9.1 million women-owned businesses in the U.S.,
generating over $3.6 trillion in sales, and employing 27.5 million workers—more than all the
Fortune 500 companies combined. (NFWBO) |
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It's estimated that by 2005, 50% of all American businesses will be owned
by women. (Business Women's Network) |
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The top growth industries for female-owned businesses between 1992 & 1999
were: construction, wholesale trade, transportation, agribusiness, and manufacturing. (NFWBO) |
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Cities where female entrepreneurs reign are primarily west of the Rockies:
Number 1 is the Phoenix/Mesa, Arizona, area with 42%. Each of the following has 41%—Denver;
Sacramento; Oakland; Seattle/Bellevue/Everett, Washington; Portland, Oregon/Vancouver,
Washington; and Tampa/St. Petersburg/Clearwater, Florida. (NFWBO) |
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The glass ceiling is responsible for almost a quarter of all the new
businesses started by women. And it's no wonder. In 1999 women held only 3.3% (77 out of 2,353)
of the top-earner spots in America's 500 largest companies. (Catalyst) |
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39% of women have a Web site for their companies, while only 25% of men
do. (Willard & Shullman Group) |
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The majority of women begin their new ventures in their homes. In fact, a
new home-based business is started every 11 seconds. (Home Business Connection) |
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Home-based entrepreneurs earn an average of over $50,000 per year, which
is almost double the national average. (Home Business Magazine) |
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Women entrepreneurs today have higher levels of work experience. Twenty years
ago, women who started their own businesses had primarily clerical experience
(29% versus 11% management.) Today 22% have managerial experience. (NFWBO) |
