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Why Are Women-Owned Firms Smaller Than Men-Owned Ones?

May 17, 2010 /

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The phenomenal growth of women-owned businesses has made headlines for three decades—women consistently have been launching new enterprises at twice the rate of men, and their growth rates of employment and revenue have outpaced the economy.

So, it is dismaying to see that, despite all this progress, on average, women-owned business are still small compared with businesses owned by men. And while the gap has narrowed, as of 2008—the latest year for which numbers are available—the average revenues of majority women-owned businesses were still only 27% of the average of majority men-owned businesses.

By SHARON G. HADARY

Full Story: http://online.wsj.com/article/SB10001424052748704688604575125543191609632.html?mod=WSJ_hpp_MIDDLENexttoWhatsNewsTop

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