It’s Harder For Women To Start Businesses Than Men, Kauffman Foundation Book Finds (VIDEO)

Posted by on Jul 3, 2012 in Uncategorized | One Comment

Interesting…I bought the book, I’ll be sure to report back. :)

Starting a business can be a complex and difficult process for anyone, but it may be even harder for women.

A book and accompanying video recently released by Kauffman Foundation reveal how the 8 million women-owned firms in the U.S. face hurdles and disadvantages that men-owned businesses don’t.

Capital is just one area where many women business owners have fewer resources than men. Despite owning 30 percent of businesses, women receive only 5 percent of equity capital each year. And when it came to the first-year funding needed to get a business off the ground, women received about 80 percent less capital than men did, according to Alicia Robb, a Kauffman senior research fellow and co-author with Susan Coleman of a new book funded by the foundation titled “A Rising Tide: Financial Strategies for Women-owned Firms.”

via It’s Harder For Women To Start Businesses Than Men, Kauffman Foundation Book Finds (VIDEO).