Road & Travel Magazine

   
RTM WWW



 

Automotive Channel

Advice & Tips
Auto Products
Buyer's Guides
Car Care & Maintenance
Car of the Year Awards
Earth Angel Award
Earth, Wind & Power Awards
Insurance & Accidents
Legends & Leaders
New Car Reviews
News & Views
Planet Driven
Road Humor

Safety & Security
Sex Drive
Teens & Tots
Used Car Buying
Vehicle Safety Ratings
What Women Want
Vehicle Model Guide

Travel Channel
Adventure Travel
Advice & Tips
Airline Rules
Bed & Breakfasts
Cruise Lines
Destination Reviews
Earth Tones
Family Travel Tips
Health Trip
Hotels & Resorts

Luxury Travel
News & Views
Pet Travel
Safety & Security
Spa Reviews
Train Vacations & Tours
Travel Products
Virtual Vacations
What Women Want
World Travel Directory
Contact Us
Advertise with Us
Car of the Year Awards
Contact Us
Editorial Calendar
RTM Press Kit
Spokesperson

Facts on Fast-Growth Women Business Owners

Women Business OwnersWomen are the fastest growing segment of business owners in the U.S. today with more than 38% owning their own company, employing 28 million people, and contributing $1.6 trillion to the national economy. No wonder they have been recently reported by ABC News as 51.4% of online users!

Furthermore........

Fast-growth women entrepreneurs are more likely than fast-growth men entrepreneurs to depend on their business earnings and personal debt for business financing.

Thirty-nine percent of women who own fast-growth firms have a commercial bank loan compared to 52 percent of male owners of fast-growth firms.

Thirty-two percent of women business owners of fast-growth firms use personal credit cards to finance their firms compared to only 21 percent of men who own fast-growth firms.

Women are more likely to own high-tech firms that are also fast-growing - 48 percent of high-tech firms owned by women are fast growth, compared to 28 percent of high-tech male-owned firms.

Women owners of fast-growth firms are less likely to share ownership of their firms with outside investors than their male counterparts - 28 percent of women compared to 49 percent of men share ownership.

(Source: The National Foundation for Women Business Owners)

Business & Careers | RTM Home Page

Copyright ©2009 ROAD & TRAVEL Magazine. All rights reserved.