Women Own One in Four Businesses In Polk County
Did you know that more than one in four U.S. businesses are owned by women?
According to the 2007 Survey of Business Ownership released last year — the most recent census data available — women owned about 7.8 million nonfarm businesses nationwide, that’s 28.7 percent of U.S. businesses.
A 2012 analysis of that census data by the National Women’s Business Council found the survival rate of women-owned businesses is 78.2 percent. More than half of those that survived expanded. Nearly half of women-owned businesses are in service-oriented fields.
Women are getting more education while delaying having families, and opportunities are now more available to start their own firms, said LaTrice Moore, a professor of business administration and coordinator of the entrepreneurship program at Polk State College.
Read the full article in The Ledger.