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Why more women are becoming entrepreneurs

Why more women are becoming entrepreneurs

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.

Fast growing women-led firms employ 27,000

Fast growing women-led firms employ 27,000

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 lags in development of women-owned business — but why?

Illinois lags in development of women-owned business — but why?

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 […]

Women-owned businesses outpacing most in job, revenue growth: Amex report

Women-owned businesses outpacing most in job, revenue growth: Amex 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.

Resolve to create wicked success in 2012

Resolve to create wicked success in 2012

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 […]

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