Great blog here by Online Business Degree and infographic by Allison Morris. Well done!
This details the current state and influence of women entrepreneurs and my own observations and surveys have backed up here in Sydney with similar results!
I remember the first time I asked a bank for monies to start a business- it was in the 1980’s and the bank very reluctantly would back me as long as an older male accompanied me to the interview. I was horrified at the time but asked a financial man along who said nothing the entire time. It was just his “presence” that was required!
Women entrepreneurs have come a long way over the last 40 years.
Before 1974, banks could require women borrowers to guarantee their loans with cosignatures from husbands, fathers or male business partners.
Today, women aren’t only starting small businesses faster than men, but they’re also creating more jobs. And the types of businesses and jobs they’re starting are diversifying workplaces in big ways.
Women-owned firms are more likely to be smaller and also more likely to offer workers benefits like venture profit-sharing and tuition reimbursement. Making employee enrichment more of a priority is only one of many positive changes female leaders are bringing to business.