October is National Women’s Small Business Month! Throughout October, women who have taken the chance and opened their own small business will be celebrated for their hard work and achievements. If you are one of these accomplished women entrepreneurs, congratulations — you’ve earned it!
According to The Suitcase Entrepreneur, women are starting businesses at twice the rate of men. The site also states that women account for 41% of people with a net worth of $500,000 or more.
The BOLT Women Small Business Owners – America’s New Job Creators Infographic, states that 99% of employers in the U.S. are small businesses, with the number of women entrepreneurs growing by more than 20% between 2002 -2007, while the number of small businesses owned by men increased by only 5.4%. By 2018, it’s predicted that small businesses owned by women will create one-third of the 15.3 million new jobs in existence. The infographic states that, businesses owned by women entrepreneurs total nearly three trillion in total economic impact.
Celebrating Women in Business
The Small Business Association (SBA) will be hosting a number of webinars during the month of October to celebrate women in business. The schedule is as follows:
- Thursday, October 4 (3pm EST): “Starting and Growing Your Business” — Visit www.sba.gov and click on the web chat under the “What’s New” section.
- Thursday, October 11 (4pm EST): “Finding Capital”
- Tuesday, October 16 (3pm EST): “Contracting with the Federal Government”
- Thursday, October 25 (2pm EST): “Business Opportunities for Young Women”
The National Federation of Independent Business (NFIB) is celebrating National Women’s Small Business Month by hosting a number of giveaways to female small business owners during October. The organization has also pledged to make a donation to breast cancer awareness for every woman entrepreneur who becomes an NFIB member during October.
Assistance for New Women Entrepreneurs
Starting a business, or even running an existing one is never an easy job, but women entrepreneurs are never alone. There’s a whole network of people out there who are ready and willing to give you advice and help with your small business. The SBA offers a number of resources for women in business, whether you need assistance getting a small business started or fixing some rough spots in a current one. Other sites, like the She Owns It, serve as a support network for women entrepreneurs to connect with one another.
If you’re thinking about starting a business, now is the time to do so! It will take a lot of hard work and dedication, but you’ll have the support of millions of women entrepreneur behind you.