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Annual Update of Key Facts about Women-Owned Businesses
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The most widely distributed source of facts on women-owned businesses has been released by the Center for Women's Business Research.  The pocket-sized fold-out contains the top line findings from current research by the Center and is expanded this year to also include facts from related research.

In addition to the number of women-owned firms, the card contains the following facts, among others:

  • Women-owned firms employ nearly 13 million people and generate $1.9
    trillion in sales.

  • Between 1997 and 2006, majority women-owned firms (51 percent or more women-owned) grew at twice the rate of all firms (42 percent vs. 24 percent).

  • The vast majority (83 percent) of women business owners are personally involved in selecting and purchasing technology for their businesses. Women owners of firms with revenues of $1 million or higher embrace financial measurements as management tools and produce more financial reports more often than smaller firms.

  • There are 2.4 million firms owned 50 percent or more by women of color
    in the U.S., employing 1.6 million people and generating nearly $230 billion in sales.

  • More than two-thirds (67 percent) of women business owners choose financial products and services based on their relationship and experience with a lender.

To obtain copies of the fact card, email info@womensbusinessresearch.org or call Christopher Clark at 202.638.3060 x 718. Cost is $70.00 per packet of 100.  Discounts are available for the Center's corporate partners, supporters, and members of women business owner associations.  For further information, contact the Center for Women's Business Research, 1411 K Street, N.W., Suite 1350, Washington, DC, 20005-3407.

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