Increase in Female Entrepreneurship in the United States.
The number of women-owned businesses in the United States has seen huge growth, increasing from 402,000 in 1972 to nearly 13 million in 2019, according to American Express’s 2019 State of Women-Owned Businesses Report.
And what’s more? Women also accounted for 39.3 percent of all self-employed Americans in 2018, according to the U.S. Bureau of Labor Statistics. That’s a 12.5 percentage point increase over 1976.
But despite these numbers and what looks like success on paper, female entrepreneurs fail to claim a large portion of the total employment and revenue share. This signals an alarming problem: That many lack the resources, educational opportunities and funding to really thrive in their business endeavors.
Fortunately, a number of programs and organizations are working to change that, offering training, networking, mentorship, certifications and increased access to capital. Are you a budding female entrepreneur? Below are some of the resources that can help you succeed.
Continue reading on Bankrate’s website: https://www.bankrate.com/loans/closing-the-gap-how-to-overcome-obstacles-as-a-female-entrepreneur