Online Sellers: 8 AMAZING Facts About Women-Owned Businesses! You Go Girl!
I dedicate this article to all of the stay at home mom online sellers and the small business out there that are proudly owned by women. Enjoy ~
1. Data shows that the US has over 12.3 million women-owned businesses.
2. It is estimated that 40% of US businesses are women-owned
3. Approximately half of female business owners are between 45 and 65 years old.
4. Construction and Technology Manufacturing are typically male-dominated industries, however, the few Construction and Tech companies owned by women grossed more money in the first year than the male-owned competitors!
5. Approximately 30% of businesses owned by men needed outside funding to get started, however only 25% of women business owners needed business financing.
6. In 2019, more than 12 companies owned by women became “unicorns”! (A unicorn company is a startup that is worth more than $1 billion!!!)
7. As of 2019, over HALF of all new startup companies have at least one female owner!
8. Almost 9 million Americans are employed by women-owned businesses
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