Women-Owned Businesses Are Key To Putting More Money In Women's Hands

Women Owned Business News

Women-Owned Businesses Are Key To Putting More Money In Women's Hands
More Money In Hand's Of WomenWhy Women Owned Businesses Matter
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Melissa Houston, CPA covers business and personal finance impacting women entrepreneurs. With her CPA designation and over 20 years of practical experience, Houston is widely regarded by her expertise in financial management. Houston shares her knowledge and experience with Forbes.com readers and has done so since August 2020.

The entrepreneurial world is evolving, and women are stepping up to claim their space in it like never before. According to theBut beyond the statistics, the rise of women-owned businesses is about so much more than individual success. It's about shifting the economic power dynamic and getting more money into the hands of women.27 percent of women business owners stated they were ready to be their own boss, signaling a strong desire for independence and control over their financial future.

When asked about their happiness, 35 percent reported feeling somewhat happy, while 33 percent said they were very happy with their entrepreneurial journey, reflecting the fulfillment that comes with owning and running a business. Women-owned businesses aren’t just important for their individual success stories; they represent a crucial shift in the overall economic landscape. For far too long,By owning businesses, women can change that narrative in a meaningful way. Here’s why:Women have historically faced significant wage gaps and limited access to high-level positions in traditional workplaces. Entrepreneurship offers a way to break through those barriers.

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