Women are choosing business ownership as a career option more and more according to statistics from The Center for Women’s Business. The 2008 projections show that there are 10.1 million firms in the U.S. that are 50% or more owned by a woman, providing 13 million jobs and generating nearly $2 trillion in revenues. These women-owned companies represent 40% of all privately-held firms.
With women-owned businesses on the rise, there becomes a need for business-savvy support group such as Women Empowered by Business(R) (WEBB), which aims to mobilize entrepreneurial women into franchising and once there, support their careers and the profitable growth of their businesses with dynamic resources and networking.
“Franchising is another sector where women are making their mark. Industry statistics report that women owned 25 percent of U.S. franchises in 2005, and that number continues to grow,” says Lori Tyll, founder and visionary of WEBB. “WEBB is a platform designed for women where we take a positive, encouraging approach to referring business, advising and challenging each other,” she added. Tyll says participation is a low pressure commitment with a high return, includingâ€¦ read on.