Facts About Women Business Owners in the 90s


* Women business owners are starting businesses at twice the
rate of their male counterparts. (Source: SBA)

* Women employ 11 million workers, more than the Fortune 500
worldwide. (Source: National Foundation for Women Business

* Between the 1982 and 1987 Economic Census, women-owned
businesses increased 57.5 percent from 2.6 million to 4.1
million. As of 1987, women-owned firms generated over $278
billion in sales and had a payroll of nearly $41 billion.

* It is projected that by the year 2000 women will own 40
percent of all businesses.

* 1987 Census: Nearly 400,000 businesses are owned and
operated by women of color.

* 158,000 African American women-owned firms
* 115,000 Hispanic women-owned firms
* 112,000 Asian/Pacific women-owned firms
* 6,000 Native American/Alaska Native women-owned firms

Despite great accomplishments, women still face barriers.

* As of the 1987 Census: Women-owned businesses represented
30 percent of all businesses but received only 14 percent of
business receipts.

* Women-owned firms vary greatly in size. While some are
among the largest and most successful in the country,
average receipts are modest and continue to lag
substantially behind male-owned firms. Though average
receipts of all women-owned firms grew by 183 percent
between 1982 and 1987 – from $37,622 to $67,595 — average
receipts of male-owned firms in 1987 were substantially
higher. In the area of sole proprietorships, the most
common form of business ownership for both men and women,
the average receipts for non-farm sole proprietorships were
$17, 889 as compared with $54,594 for those owned by men.

* Two-thirds of women business owners report problems in
working with financial institutions and rely to a great
extent on credit card to finance their enterprises.

* Business opportunities in the private public sector are
usually less available to women-owned business. Less than
two percent of federal government prime contracts currently
go to women.

About author

SMB Reviews
SMB Reviews 473 posts

SMBReviews is committed to providing small and mid-sized business owners with the information and resources they need to select the best service or product for their company.

You might also like


Creating Engaging Subject Lines for Your Email Marketing Campaigns

One of the biggest benefits to the explosion of email marketing and email marketing platforms over the past 15 years has been the wealth of data collected and analyzed. Marketers


Understanding Credit Card Processing

The process of accepting a credit or debit card at you business may feel as though it should be as simple as swiping the credit card and the money ending


The Vital Role of Cross Training Employee Backups

There’s nothing more scary or dangerous to your business than to have one employee running the entire operation. That includes you as the business owner. While there are certain things


No Comments Yet!

You can be first to comment this post!