The business landscape is always changing—technological advances, corporate downsizing, restructuring, and telecommuting have reshaped the marketplace. Although these improvements have a great impact on our working environment, perhaps the most notable trend has been the rapid growth in the number of women-owned businesses. According to the most recent findings from the Center for Women’s Business Research, three quarters of women-owned businesses are those wherein women own a majority share (51% or more), and each year, these women-owned businesses generate $1.4 trillion in sales.
In fact, additional statistics from the Center for Women’s Business Research reveal impressive gains for women in the marketplace:
An estimated 9.8 million companies are owned by women. Women-owned businesses employ 13 million workers.