Women are starting businesses at a record rate, but the number that break a million in revenues is flat. What’s up with that?
By Geri Stengel (Writer, Inc.)
The startup rate of women-owned businesses is soaring while the number in the big leagues — well above $1 million in revenue — is stagnating, according to The American Express OPEN State of Women-Owned Businesses Report. That doesn’t serve anyone’s interest.
As the Women Entrepreneurs as Economic Drivers, a report from the Kauffman Foundation shows, getting those women-owned businesses on a high-growth track would energize our sluggish economy.
But it’s not happening. Why?
I’ve been asking successful women owners what they think is holding back their counterparts, and here’s what they say.
» Read the full article at Inc..