STATISTICS ON WOMEN'S BUSINESS OWNERSHIP
5/95
* Women-owned businesses are one of the fastest growing
segments of our economy.
* Women business-owners are starting businesses at twice the
rate of their male counterparts; constituting one third of
all businesses and 15 percent of all receipts.
* By the year 2000, it is anticipated that women will own
nearly half of all U.S. companies.
* Women-owned firms are found in every industrial sector, from
services to manufacturing.
* From 1990 - 1992 according to the National Foundation of
Women Business Owners survey:
* 57 percent increased sales
* 54 percent improved the quality of business processes
* 46 percent developed a new product or service
* 33 percent expanded into new markets in the U.S. or
abroad
* 32 percent increased capital expenditures
* 25 percent increased employment
* According to National Foundation for Women Business Owners
and Dun & Bradstreet Information Services (April 1995),
estimates there are 7.7 million women owned business in the
U.S. employing 15.5 million people and generating nearly $1.4
trillion in sales.
JOB CREATION:
* This growing segment of the economy has provided 15.5 million
jobs, employing 35 percent more people in the U.S. than
Fortune 500 companies worldwide.
* 38 percent of all small businesses are owned by women, with
approximately 7.7 million women-owned business in this
country.
* Women-owned businesses have staying power: more than 40
percent have been in business for 12 years or more.
* 70 percent of women business owners are financing their
business with their credit cards and personal resources.
Women business owners are 3 times as likely as other
businesses to use credit cards for short-term financing.
* Employment growth in women owned firms exceeds the national
average by a substantial margin. 1991 - 1994 employment grew
by 11.5 percent among commercially active women-owned firms
in the U.S. compared to 5.4 percent among all firms.
According to National Foundation for Women Business Owners
and Dun & Bradstreet Information Services (April 1995),
employment growth in women-owned firms exceeds the national
average in nearly every region in the country and in nearly
every major industry.
BIG MARKET:
* 46 percent of women between the ages of 35 - 55 want to
become business owners.
* 64 percent of women between ages 18 - 34 want to become
business owners.
Update: 5/95
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