Growth rates in women-owned businesses

The good news is rolling in. Women in business are growing their teams, revenues, and awards cabinets. Over the past 15 years revenues are up 58 percent and women-owned businesses exceed the growth rates of all but the biggest publicly traded firms.

A recent study released earlier this week outlines how women owned businesses have grown over the past 15 years. The study estimates that there are more than 8.3 million women-owned businesses in the United States. These businesses generate nearly $1.3 trillion in revenue and are employing almost 7.7 million people.

Women are keeping up with competitors in a wide array of industries, including those that most people would not expect. The top business was the same as last year: BrightStar, a home healthcare and medical staffing company.

“According to our recent State of Women-Owned Businesses report, women-owned enterprises continue to grow and account for 29% of all companies in the United States,” said Sarah Forger, manager of customer advocacy at American Express OPEN.

 

Leave a Reply

Your email address will not be published. Required fields are marked *