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Women-Owned Businesses are Leading the Way

Jobs, Jobs, Jobs.  That is the new buzzword on Capitol Hill.  With unemployment rates of 10%+, politicians are finally focusing on a dire issue in this country.  There is much evidence that suggests that the current economic crisis has given way to a rise in entrepreneurship.  As employees nationwide realize that their jobs are not guaranteed, many are looking to own their own business as a way to be more in control of their destiny.

In a recent Forbes.com article, female-owned small businesses, now just 16% of total U.S. employment, will be responsible for creating one-third of the 15.3 million new jobs anticipated by the Bureau of Labor Statistics by 2018 (as reported The Guardian Life Small Business Research Institute).  Even better, women-owned businesses are expected to create 5.5 million new jobs across the U.S. by 2018.

With this influx of new women-owned business may be a change to how businesses are run in general.  Forbes believes the workplace will change in the following ways:

  • Creating a positive working environment for all
  • Creating opportunities for other people
  • Giving employees reasons to feel better as part of the team
  • Paying employees better
  • Providing better health care for employees

What do you think? Do you think women-owned businesses will be run differently?  What may be the larger implications on business in general?  I’d love to hear your feedback.

Click here to read the Forbes article.

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