FarrahKennedy's blog

31 Oct 2013 Written by FarrahKennedy In

Women in Business: Optimism Reigns Supreme

The government shutdown ended a week ago, and while business is, well, back in business, there was a ripple effect that the economy felt. But don’t count female business owners among them; according to a recent survey, women business owners are optimistic about their future success.

Riding on the coattails of National Women’s Small Business Month (did you know? It’s every October), the Cox Business Snapshot of Women Entrepreneurs surveyed 624 US women business owners and found that about three quarters of US based female entrepreneurs are optimistic about their businesses, despite recessionary fears due to congressional failure to permanently raise the debt ceiling.

Women-owned businesses are one of the fastest growing sectors in the area of small business, currently accounting for a third of all small businesses today, which is a major improvement over figures from 1970, when women owned only 5 percent of small businesses.

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