October Is Women’s Small Business Month

9 Oct

I just found out that October is Women’s Small Business Month.  A new study shows that small businesses run by women are growing the economy.

The benchmark study, The Economic Impact of Women-Owned Businesses in the United States, showed that women-owned companies generate some $3 trillion in revenue and employ 23 million Americans–nearly double the number of people employed by the 50 biggest U.S. companies.

“Women-owned firms employ or generate a total of 16 percent of the jobs in our nation’s economy,” said Gwen Martin, executive director and director of research for the Center for Women’s Business Research.

Women-owned businesses were defined as privately held companies with at least 50 percent ownership held by women.

Read more about the study on Small Biz Daily.

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2 Responses to “October Is Women’s Small Business Month”

  1. Stacey Derbinshire October 9, 2009 at 12:00 pm #

    I finally decided to write a comment on your blog. I just wanted to say good job. I really enjoy reading your posts.

Trackbacks/Pingbacks

  1. hacajaqewel - January 14, 2010

    hacajaqewel…

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