Across the nation, women are excelling in business startup and growth. In 2019, according to the American Express State of Women-Owned Businesses Report, women-owned businesses continue to fuel the economy and account for 42 percent of all businesses, a total of nearly 13 million. Women employed 9.4 million workers, and generated revenue in upwards of $1.9 trillion.
What’s more, firms owned by women of color account for 50 percent of all women-owned businesses. An estimated 6.4 million women of color-owned businesses employ nearly 2.4 million people and generate $422.5 billion in revenue.
With the continuation of COVID-19, women-owned businesses have been disproportionately hit, and a quarter of these businesses have had to close. There are real challenges facing women business owners, and as communication leaders, it is our responsibility to advocate, build, strengthen, and serve our community, while supporting them through times of transformation.
At Communication Leadership Consulting, a majority of our clients have been womxn-led non-profits, womxn-owned small businesses, and womxn communication leaders. In fact, out of 82 clients, we’ve served only 13 non-profits or small businesses with men at the helm.
It is with this in mind that we ask you to learn about and support these womxn-owned businesses who make a difference to our economy, but are being inordinately affected by the systemic discrimination, health, and economic crisis in our midst.
Join us as we feature interviews with womxn business owners, non-profit directors, and communication leaders who are working to overcome these challenges every day.
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Musings on business, womanhood, consulting, and things I find interesting.