Posted: January 10th, 2013
Here’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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