Access to business resources and advances in technology are encouraging women to start businsses, says Chicago small business consultant Holly Katko. Business owners are utilizing cloud computing and business communication solutions that don’t require the infrastructure costs of high-priced computer equipment. Entrepreneurs can build their business more quickly and spend less.
BrightStar Care, a Gurnee, Ill.-based staffing services firm owned by Shelly Sun, was named the fastest-growing woman-led business in North America in April. The Top 50 women-led businesses, which were ranked by Women Presidents’ Organization and American Express Open, generated a combined $4 billion in revenue in 2011 and employed 26,883 workers. The number of […]
Illinois might be ranked fifth in the nation in number of women-owned businesses, but the state has some catching up to do in other measures of business development. The number of women-owned companies in Illinois totals 366,700, putting it ahead of most states but behind California, New York, Texas and Florida, according to a new report […]
The growth in the number (up 54 percent), employment (up 9 percent) and revenues (up 58 percent) of women-owned firms over the past 15 years exceeds the growth rates of all but the largest, publicly-traded firms. As of 2012, it is estimated that there are more than 8.3 million women-owned businesses in the United States, generating nearly $1.3 trillion in revenues and employing nearly 7.7 million people, according to the second annual “State of Women-Owned Businesses Report,” commissioned by American Express OPEN.
Business owner Vickie Milazzo offers advice to women entrepreneurs on finding success. Photo courtesy of Vickie Milazzo. By Vickie Milazzo Guest columnist 2011 is drawing to a close and for many recession-wracked American women, it feels like just another mile marker in an endurance race going nowhere. Buck up, girlfriend. You can do a lot more […]
— Count Sherrie Matthews among those rare women business owners who have passed the $1 million mark in annual revenue and are forecasting more. In the six years since its inception, Matthews’ Crown Point, Ind.-based marketing company, PrintSolutions, has grown to $20 million in revenue and 110 workers. That makes it among the top 2 […]
By Lillian Bjorseth Guest Columnist Women, it’s not enough to know what you know. You have to sound as if you know what you know. Have you ever been in a meeting and made a really good point, yet people keep right on talking? Shortly thereafter, a man makes the same point and he is […]