Sunday, April 13, 2014
Privately-held companies represent the strongest segment of the U.S. economy. Women own a large part of these companies. Every year, business web site DiversityBusiness.com recognizes women who have made a major impact on the economy with their companies; 500 make the Div500 list. These are all companies with revenues of $20 million to over $1 billion, and they are all owned by women.
This annual Top Business List selects 500 women-owned companies from over 1,300,000 businesses. Women who make the top 500 list represent the top women-owned businesses in the U.S. But all the 1,300,000 potential candidates also are a clear representation of how strong women-owned businesses are in America.
Friday, April 11, 2014
According to the 2014 State of Women-owned Businesses Report from American Express OPEN, women-owned businesses are on the rise. The number of new businesses owned by women in the U.S. are increasing by 1,288 a day. The growth is phenomenal, increasing from 8.6 million in 2013 to 9.1 million so far in 2014.
What is fueling the increase in women-owned businesses?
If you look at it from a woman's perspective, owning your own business has so much to offer in the way of benefits. Women often need to manage responsibility for both their professional and personal lives, struggling to work and take care of family simultaneously. More women are discovering that owning your own business gives them more flexibility to manage both facets of their life.
Saturday, April 5, 2014
The grants are offered to SBA-recognized Women's Business Centers (WBCs). The increased financial support to WBCs will allow the centers to increase access to affordable loans and innovative training to hundreds more women entrepreneurs. This will result in business growth for women entrepreneurs and increased job growth for areas served by women-owned businesses.
Wednesday, April 2, 2014
Eileen Fisher is well known for her elite line of women's clothing. She is also an entrepreneur who knows how tough it is to own your own business. For the past 10 years, she has been paying her success forward by helping other women entrepreneurs with grants.
Monday, March 31, 2014
Tuesday, March 25, 2014
What is even more impressive is that United isn't just competing for an award. The company truly believes in diversity and giving women real opportunities. They live and breathe diversity, from hiring to choosing business partners and suppliers, United makes sure that minority- and women-owned businesses get a piece of the pie.
Thursday, March 20, 2014
United's diversity program
United has a diversity program that goes way beyond suppliers. In fact, it permeates the entire organization. From employees to suppliers and business partners, United makes sure everyone gets a fair shake. Says United's vice president of technical procurement Katrina Manning, "We've made it our priority to ensure that small, minority-, and women-owned suppliers have access to opportunities with United."
Sunday, March 16, 2014
There is a battle going on and it's been waging since the 1960s. It's the war over equal pay, and women continue to fight this battle to this day. Although progress has been made in some parts of the country, there are other areas that still seem to be stuck in the 1960s.
The gender pay gap, as it's known, is still alive and well in many areas. 24/7 Wall St, an online resource for financial news, reviewed 100 metro areas across America to find the cities with the smallest and widest gender wage gap. Here is what they discovered.
Saturday, March 15, 2014
Monday, March 10, 2014
Deserving women may be nominated by members of Royal Neighbors. Candidates nominated for grant awards are strong women who show courage and strength in making a difference in the lives of other women and in their communities. Again this year, the organization plans to award $100,000 in grants to deserving women as part of their Nation of Neighbors Grant Program.