In Finance, People

According to Womenable, a for-profit social enterprise that supports women’s enterprise creation and growth, the number of women-owned businesses has grown by a whopping 45% between 2007 and 2016. In 2016, there were over 11 million women-owned businesses in the US, and these businesses employed 9 million people, resulting in over $1.6 trillion in revenues. While these numbers are incredibly impressive, women-owned businesses still only represent approximately 35% of small businesses in the US. We would like to see the number of women-owned businesses increase in 2018.

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