Running a business isn’t an easy feat. From starting up to maintaining it and making sure it stays relevant and profitable, entrepreneurs juggle various tasks to keep the business afloat. The economy isn’t always stable and there are various factors that can shake your business up, so you always have to be on your toes. Countless businesses are still opening up despite that gloomy forecast. That’s the beauty of competition and a free and open market. While mostly dominated by men, there are also more female entrepreneurs now than it did before. Women are now empowered to take bigger business risks because most are educated and hold degrees of their own. From small startups to family businesses and online ventures, you can see more women at the forefront of business ventures and actually succeed in it. It no longer comes as a surprise that many women hold important positions in various big and multinational brands not only because they are educated but more so because most women naturally have a knack for business themselves.
(Via: http://www.app.com/story/money/business/2017/06/05/women-small-businesses/102082642/) Women own about 10 million businesses as of date and most are small businesses that contribute a lot for the betterment of society. Unlike in the past, women are more optimistic now to go out of their comfort zone and take calculated risks when it comes to business. Consequently, their businesses create jobs that help people earn money and provide for their families aside from the lives they touch with the products and services they offer whether it is in retail, food and beverage, spa, salon etc.
(Via: http://www.businesszone.co.uk/do/people/why-we-need-more-female-business-angels) Not only in the US but female entrepreneurs are likewise growing in the UK albeit at a much slower pace. It’s actually a good culture of women entrepreneurs helping other women make a living and even start small businesses of their own. You can’t always predict what will happen to the market, so saying that there are risks involved in business is an understatement. Women see things differently, which is perhaps the reason why they also do things differently and come up with plans and ideas that are new to many people. They aren’t afraid to compromise too unlike men who have a more structured approach to business. And lastly, women are likewise often better than men when it comes to customer service since ethics and honesty are among the finest traits of women that are crucial to making a business succeed. The article Female Entrepreneurs On The Rise was originally published to The Keating Economics Website via https://www.keatingeconomics.com/female-entrepreneurs-on-the-rise/
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