Women-owned firms increase 57 percent

   January 10, 2013 4:30 am    0

 

image002Here’s great news for women-owned small businesses.

Julie Weeks, American Express OPEN research advisor, compiled a report on Census data. Here are the key findings:

  • Over the past decade, the number of women-owned firms outperformed all U.S. businesses in growth. See chart at left — women-owned businesses beat out all businesses in growth.
  • 75 percent have $1-$4.9 million in revenue
  • 12 percent have $5-$9.9 million in revenue
  • 13 percent have $10 million or more in revenue

Check out  the full report here.

Pam Parker is the editor of Lake Erie LifeStyle, Her Times and House to Home at the Erie Times-News in Erie, Pa. She is the mom of three, stepmom to three and step-grandmom to one.

 

 

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