Study: Women Rock As Small Business Owners

By Liza Porteus Viana- FOX Business News

New research predicts women entrepreneurs will create close to 6 million new jobs in the U.S. by 2018 – more than half the total new small-business jobs expected to be created during that time.

Women are proving themselves to be a powerful small-business force to be reckoned with. Not only are women-owned firms contributing $3 trillion annually to the U.S. economy and accounting for 16% of all jobs, but new research shows women entrepreneurs will create 5 to 5.5 million new jobs across the U.S. by 2018 – more than half of the total new small-business jobs expected to be created during that time, and about one-third of the total new jobs anticipated by the Bureau of Labor Statistics.
That research, recently released by The Guardian Life Small Business Research Institute, also shows that characteristics such as being more customer-focused, more likely to incorporate community into their business plans, and more adept at creating opportunities for others are helping women excel in 1) running a business 2) keeping employees driven and productive and 3) building a loyal customer base.

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