More women are business owners than ever before. But because of the continuing obstacles they face, their businesses do not generate the same levels of wealth as male-owned businesses.
Unlocking Assets: Building Women’s Wealth Through Business Ownership, a report sponsored by the Asset Funders Network (AFN), in collaboration with Duke University’s Samuel DuBois Cook Center on Social Equity and the Closing the Women’s Wealth Gap (CWWG), shows how women entrepreneurs experience pronounced difficulties in starting, funding, and growing businesses and outlines strategies for how they might be overcome. The report highlights the growth of women-owned businesses nationwide, enterprises that have more than doubled in number over the past two decades. But as the report makes clear, these enterprises are typically smaller and are outperformed significantly by male-owned firms with respect to longevity, profits, employment, and annual sales.