The number of women-owned businesses in the U.S. outpaced those owned by men, but their revenues fell short of the total of their male-owned counterparts. Women control the majority (52%) of all businesses in the health care and social assistance sector, and nearly half of all female-owned entities focused on repair and maintenance, personal and laundry services, health care and social assistance and professional, scientific and tech services.
As per Caroline Howard, Editor of ForbesWoman, “If women are ever to achieve entrepreneurial parity, they must address the kind of businesses they open and their commitment to growth.” Well, I wish Caroline would have elaborated more on her statement as I don’t understand how she came to the conclusion that women don’t address the businesses they open and are not committed to its growth. Did she do some type of market research which disclosed this information? I mean, obviously we must be doing something right to have outpaced the men. The facts show that revenues are shorter, not that women are not committed. That’s what we, women-entrepreneurs, need to address. What are your thoughts on this?
Here’s the link to Caroline’s article: http://blogs.forbes.com/carolinehoward/2010/12/09/women-owned-businesses-numbers-climb-not-revenues/