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Sunday, September 14, 2014

Women See More Rapid Growth in Their Businesses Than Men -- Even Though They Start Out With Far Less Capital

Something extraordinary is happening among women-owned businesses. It is something that even many women business owners did not predict. Women-owned firms are growing faster than those owned by men. It's a phenomenon, really, and here is why.

Women's firms growing faster than men's, even with less capital to start

The word phenomenon is used here because women are succeeding in spite of the roadblocks they encounter when attempting to start their own businesses. Here are a few:

  • Men are three times as likely as women to get financing
  • Most women-owned firms start smaller than those owned by men
  • Women's growth expectations for their businesses are about half the amount that men typically expect from their businesses

Thursday, September 11, 2014

Top 5 Reasons Why Nonprofit Positions Are Dominated By Women

Forbes contributing writer Kerry Hannon wrote an article a few years ago with an important message about women in nonprofits that bears repeating. The good news is that women dominate positions among non-profit organizations. The not-so-good news is that most of these positions are below the executive level.

In the article, Kerry referred to the 2010 Nonprofit Times list of the Top 50 leaders of nonprofit organizations. Of all those named, 66 percent were men and only 34 percent were women. While it is encouraging to see female executive leaders of nonprofits like Wendy Harman of the American Red Cross and Katrina McGhee of the Susan G. Komen for the Cure mentioned alongside Bill Gates of the Bill and Melinda Gates Foundation, women still have work to do in order to increase their numbers at the executive levels.

Friday, September 5, 2014

100 Best Companies for Working Mothers

Working mother

Being a working mother is hard. Contrary to popular belief, working mothers can't have it all. They, above all others, know that choices and sacrifices need to be made on a regular basis in order for them to be able to juggle their roles both at work and at home.

In order for it all to work requires an equitable distribution of responsibilities at home. It also helps tremendously when women work at companies that provide more flexibility for working mothers.

Wednesday, September 3, 2014

WPO Releases the Latest List of the Top 50 Fastest-Growing Women-Owned/Led Companies

Women Presidents' Organization

For the past 7 years, the Women Presidents' Organization (WPO) has published an annual list of the top 50 fastest-growing companies that are either owned or led by women. The non-profit organization was formed to improve business conditions for women entrepreneurs. In publishing the annual top 50 list, they are also promoting the advancement of women entrepreneurs in all industries.

Sunday, August 31, 2014

Women-Owned Businesses On The Increase -- Here Are 5 Reasons Why

Women-owned businesses are experiencing historical growth in the U.S. According to the Guardian Small Business Research Institute, by 2018 women-owned businesses will be responsible for generating 5 million new jobs.

How do they do it?

Here are 5 reasons why women have been so successful in launching and growing their own companies.

Friday, August 29, 2014

Top 10 States For Women-Owned Businesses

Women Business Owners

Women-owned businesses are on the rise. According to Expert Market, an online business-to-business marketplace that helps businesses find suppliers, women-owned businesses have increased from 5.4 million firms in 1997 to 9.1 million in 2014, almost doubling their numbers. Most of the women-owned companies are small, yet they produced $1.4 trillion in revenue in 2014, a huge increase over their 1997 revenue of $819 billion.

Tuesday, August 26, 2014

Women-Owned Businesses Are Winning Federal Contracts -- Find Out How!

Women's Business Enterprise National Council
Although the U.S. government fell short last year in awarding the promised 5 percent of government contracts to women-owned businesses, women who own their own small businesses should not give up. In fact, they need to prepare themselves to go after these competitive contracts. How?

How women-owned businesses need to prepare

Contracts for government business are out there, but women who own their own small businesses need to prepare now to compete for these contracts. The place to start is for women to self-certify their company as an economically disadvantaged, women-owned business. The certification process is available to businesses that are at least 51 percent owned, operated and managed by women.

Thursday, August 21, 2014

Being Young, Female and a Minority Didn't Stop This Entrepreneur From Taking Charge of Her Engineering Firm!


One might assume that being very young, female and a member of a minority group might prevent an entrepreneur from being successful. But nothing could be further from reality for Iam Tucker, president and owner of ILSI, a successful engineering firm in New Orleans. How did she do it?

Monday, August 18, 2014

U.S. Government Agencies Guilty of Discriminating Against Women-Owned Businesses

Well, the numbers are in, and women-owned businesses are still not getting their fair share of business contracts from the government. This is even after changes were made to the federal contracting program for women-owned small business (WOSB) concerns and economically disadvantaged women-owned small business (EDWOSB) concerns that went into effect on May 7, 2013.

The change didn't change anything

The 2013 change removed the caps on the size of contracts for WOSB and EDWOSB businesses. In effect, women-owned businesses would no longer be constrained by limits on the size of contracts awarded to them. But the change didn't change a thing. They are still not getting their fair share.

Sunday, August 17, 2014

Want To Break Into The Fashion Design Industry? One Organization Can Help By Literally Showing You The Money!

Starting a fashion business may seem glamorous to many women, but in reality it is one tough initiative. You need to know what you're doing, you need connections, and, oh yes, you need money! Where do you find it?

FMI

One place to look, that is if you're setting up shop in New York, is The Fashion Manufacturing Initiative (FMI), an investment fund created to help revitalize the garment industry in New York City. Up to 7 grants are awarded with grants ranging from $46,000 to $150,000. Grant money can be used for facilities, machinery and employee training.
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