Statistics on 90s Women’s Business Ownership

These stats are focused on the mid-90s business ownership of US women.

* Women-owned businesses are one of the fastest growing
segments of our economy.

* Women business-owners are starting businesses at twice the
rate of their male counterparts; constituting one third of
all businesses and 15 percent of all receipts.

* By the year 2000, it is anticipated that women will own
nearly half of all U.S. companies.

* Women-owned firms are found in every industrial sector, from
services to manufacturing.

* From 1990 – 1992 according to the National Foundation of
Women Business Owners survey:

* 57 percent increased sales
* 54 percent improved the quality of business processes
* 46 percent developed a new product or service
* 33 percent expanded into new markets in the U.S. or
abroad
* 32 percent increased capital expenditures
* 25 percent increased employment

* According to National Foundation for Women Business Owners
and Dun & Bradstreet Information Services (April 1995),
estimates there are 7.7 million women owned business in the
U.S. employing 15.5 million people and generating nearly $1.4
trillion in sales.

JOB CREATION:

* This growing segment of the economy has provided 15.5 million
jobs, employing 35 percent more people in the U.S. than
Fortune 500 companies worldwide.

* 38 percent of all small businesses are owned by women, with
approximately 7.7 million women-owned business in this
country.

* Women-owned businesses have staying power: more than 40
percent have been in business for 12 years or more.

* 70 percent of women business owners are financing their
business with their credit cards and personal resources.
Women business owners are 3 times as likely as other
businesses to use credit cards for short-term financing.

* Employment growth in women owned firms exceeds the national
average by a substantial margin. 1991 – 1994 employment grew
by 11.5 percent among commercially active women-owned firms
in the U.S. compared to 5.4 percent among all firms.
According to National Foundation for Women Business Owners
and Dun & Bradstreet Information Services (April 1995),
employment growth in women-owned firms exceeds the national
average in nearly every region in the country and in nearly
every major industry.

BIG MARKET:

* 46 percent of women between the ages of 35 – 55 want to
become business owners.

* 64 percent of women between ages 18 – 34 want to become
business owners.

Update: 5/95

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