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General Facts Concerning Women in Business
Center for Women's Business Research
– founded as the National Foundation for Women Business Owners – is the
premier source of knowledge on women business owners and their firms worldwide.
Its mission is to support the growth of women business owners and their
enterprises through conduction research, sharing information and increasing
knowledge.
The Center projects the following
statistical portrait of majority owned, privately-held women-owned businesses
in Miami in 2004:
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There are nearly 76,738 Women-owned
firms in Miami, accounting for nearly 28.1% of all privately held
firms in the metropolitan area.
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Women-owned firms in Miami
employ almost 75,063 people and generate nearly $13 billion in sales.
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The Center estimates that
there are 14,506 women-owned employer firms in Miami. The number of
these firms grew by 55.1% from 1997 to 2004.
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Miami ranks 21 st among the
top 50 metropolitan areas in average overall size, and 13 th for average
growth of women owned firms.
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As of 2004, there are an
estimated 6.7 million majority-owned, privately-held women-owned firms
in the U.S., employing 9.8 million people and generating $1.2 trillion
in sales.
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Women-owned firms continue
to diversify into all industries. Construction, agriculture and transportation
have seen the largest recent increases in the number of women-owned
firms, although services and retail still make up the largest share
of women-owned firms.
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As of 2004, there are an
estimated 1.4 million firms owned by a woman or women of ethnic diversity
– amounting to 1 in 5 women-owned firms (21%) in the U.S. Overall,
the number of minority women-owned firms increased by 55% between
1997 and 2004 – four times faster than all U. S. firms and over twice
the rate of all women-owned firms.
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In research conducted internationally,
women business owners' voice similar needs for their business' development
– access to capital, access to education/training, access to networks
and markets, and to be taken seriously.
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Women with businesses of
$1 million or more in revenues are twice as likely as their male counterparts
to seek advice from a mentor.
Center for Women's Business Research
1411 K Street, NW, Suite 1350
Washington, DC 20005-3407 USA
Phone: 202-638-3060; Fax: 202-638-3064
E-mail: info@womensbusinessresearch.org
Web site: www.womensbusinessresearch.org
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