Sunday, January 5, 2020

Are Women Succeeding More Today Business Than Men

Are women succeeding more in business than men? To answer that question first we need to understand how to measure success. If we ask business owners we might get different answers. The research done by Diana Hechevarria who is a doctoral candidate at The University of Cincinnati made a survey and asked both women and men about how they think their business is doing. According to a survey, 91 percent of female small business owners said their business is successful. Just 80 percent of male small business owners shared their optimism. That is however their personal opinion. According to National Women’s Business Council Women-owned firms make up 28.7% of all nonfarm businesses across the country and generate $1.2 trillion in total receipts. One in five firms with revenue of $1 million or more is woman-owned. 3% of all women-owned firms have revenues of $1 million or more compared with 6% of men-owned firms. 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