Owning it: The Growth of Women-Owned Business

Even just a few decades ago, the thought of women doing anything without their husband’s or father’s sign-off would have been unthinkable. Grown, educated women weren’t allowed to open a bank account or a charge card. They couldn’t get a divorce or own a house or have custody of their children.

Luckily for all of us, though, we’ve advanced, and by historic measures. Just take a look at the number of women-owned businesses in the country, and the number of people employed by those businesses.

Just 30 years ago, there were only 4 million women-owned businesses in the country. Today that number has almost tripled, to over 11 million women-owned businesses employing about 9 million people and generating almost $2 million in revenue.

Most striking, however, is that women — who make up half the population — own businesses that approach that statistic — owning about 40 percent of businesses.

Ready to learn more? This graphic can help.

View the original article here.

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