The Extraordinary Presence and Power of Women Entrepreneurs
Women-owned firms account for an estimated 30 percent of U.S. businesses (36 percent if you include women-led businesses), and they’re a growing part of the business sector. Still, challenges lie ahead. While female entrepreneurs are gaining ground in historically male-dominated fields, they’re less likely to own businesses in high-tech industries or hold intellectual property rights, which are associated with high growth. Female business owners also struggle with access to financing. The bright side is that numbers, revenues, and patents continue to rise, and the growth of minority women-owned firms is outpacing all women-owned businesses. Here’s how women in the U.S. are changing the face of business.
Illustration by Jason Killinger
This post is part of the series In Her Company, created in collaboration with Eileen Fisher and designed to celebrate the power, creativity, and impact of women-owned businesses. Check out more stories at takepart.com/in-her-company.