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Women business owners

Question
What role do women entrepreneurs play in the U.S. economy? 
Answer
Women are not only a very important component of the U.S. economy, but they are a fast-growing sector as well. According to the U.S. Small Business Administration, in 2005,

- Women own 6.5 million businesses
- Generated $940.8 billion in revenues
- Employed 7.1 million workers
- Had $173.7 billion in payroll (in 2002).

In addition, another 2.7 million firms are owned equally by both women and men. These firms add another $731.4 billion in revenues and employ another 5.7 million workers. 
 
Related Categories: Entrepreneurship, Women In Business
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