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Female Entrepreneurs Are On The Rise
Women are entering the world of entrepreneurship at a much faster rate than men, although their businesses have been much harder hit by the recession than their male-owned equivalents, reports The Financial Times.
The latest start-up figures from Barclays show that the recession has done little to quell the rise in self- employment with 460,000 new businesses created in 2009, compared with 468,000 in 2008.
Female self-employment increased by 4.9 per cent in the third quarter of 2009, the latest date for the research, compared with the same period a year earlier. By contrast, male self-employment was up just 1.1 per cent.
A separate study of 2,012 entrepreneurs by Delta Economics found few differences between female and male owner managers in terms of start-up funding, job creation and sales.
However, it emerged that the turnover of women-owned businesses had suffered significantly more during the recession than in companies run by men – dropping 48 per cent for female-owned enterprises.
Photo by fakhar.
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Christine Hill on January 15th, 2010 7:27 am
I agree that Female Entrepreneurs are on the rise. It is easy to get into any work at home business and I see hundreds of women online these days. I am also a Female Entrepreneur. I own my own business. I am a Romance Advisor for Intimate Expressions. This is an adult novelties party plan company. I do in-home parties. I chose this business because I absolutely love what I do. I get paid to party! There are also huge advantages to being able to stay at home during the day with my children and there are huge tax advantages as well.
Jeanne on January 15th, 2010 11:39 am
Wow! That’s great that female self-employment grew by 4.9% – excellent! Women are very smart business owners, so I am not surprised.
lana hingle on January 27th, 2010 3:05 am
I agree that women entrepreneurs are on the rise. Not only do I see the increase on line but I meet women going into their own business every day. I am curious to know why the turnover of female run business is 48% greater then male run companies. I suspect that in this economy the disposable income of women has declined and women-owned businesses cater more to the needs of women.
women-owned businesses
RedHotFranchises on January 27th, 2010 3:35 am
In this rat-racing world of today, women are getting empowered as fast as a change in a fad, they are definitely on the rise.
Check out Fit Zone, a recommended franchise opportunity for women.
Fit Zone for Women, a health club designed exclusively for women, is one of the fastest growing health club franchises in the world.
Find out more at:
http://www.redhotfranchises.com/franchise-opportunity/Fit_Zone_For_Women
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