In the past several years, women have become more prominent in the business field. It’s a step in the right direction, but there is still a lot of room to grow. Here’s a look into the hard facts. We’ve compiled some statistics that shows the growth and where we are now (as of 2011).
- 2005: 7 CEO’s in Fortune 500 2011: 12 CEO’s in Fortune 500
- The number of women-owned companies with 100 or more employees has increased at nearly twice the growth rate of all other companies.
- Family owned businesses: Female-owned are 1.7 times more productive than male-owned.
- One in five firms with over $1 million in revenue are woman-owned.
- Women-owned businesses are more philanthropically active. Over half contribute over $25,000 annually to charity.
- There are over 10.6 million privately-held firms
- They generate $1.9 trillion in annual sales
- Employ approximately 13 million people nationwide
It has been proven that in a woman-owned business, employees are more gender balanced and the firms are more charitable. Women are setting a precedent in the field of business and they aren’t slowing down. We are excited to see what the future brings for us. Do you think the future is bright for women in business? Will the numbers continue to grow?