Women-Owned Small Business
These women-owned small businesses in the United States of America dealt mainly in the retail sectors but at present, these entrepreneurs are also establishing themselves in the sectors like construction and manufacturing.
Comparison between Men and Women-Owned Small BusinessesThere are a number of differences among the women-owned small businesses and the men owned small firms. The women-owned firms generate lower revenues than the men-owned firms.
At the same time, operating in limited sectors is also reducing the income and growth rate of the women-owned firms. According to several reports, it has been observed that the women-owned firms generally generates five employment options whereas, the men-owned firms provide employment opportunities at an average of 11 for every firm.
On the other hand, the women-owned small businesses are comparatively new in the business sector and so these firms need some time to establish themselves in the sector and to compete with the men-owned firms properly.