Women-owned businesses are one of the fastest growing segments of the small business community. Today, about 30% of small businesses are owned by women, compared to about 5% in 1970. This is good news.
However, women business owners still face several challenges when it comes to growing their businesses and accessing capital.
According to the latest data:
Only 3 percent of all women-owned firms have revenues of $ 1 million or more compared with 6% of men-owned firms. (Center for
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