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Despite the economic downturn, the number of female-led businesses and entrepreneurs has steadily increased since the global economic downturn. The number of women owned businesses has increased from 14% to 19% in the last 3 years (1).

Julie Hall, Founder of Women Unlimited: “Women owned businesses are exploding across the UK. The government’s decision to focus only on larger businesses is misguided and has left a huge support gap for a thriving part of the UK economy. Micro businesses (defined as 1-9 employees), contribute a large part of all business revenues to the UK economy and yet as a group, they are largely ignored.

“Over 5 years ago it was identified that many women were isolated, struggling to make a profit and unsure about what they needed to do to build a successful micro business. Her findings, along a recent report from the Federation of Small Business (1) referring to ‘the power of small business in the local economy’, suggest that women who run successful businesses are more likely to a) motivate, support, mentor and help grow other women’s businesses and b) invest back into their local communities economically and culturally, by creating viable and sustainable enterprises.”

Sources:
(1) Department for Business innovation & Skills. Small Business Survey 2012

Women Unlimited press office: For more information, please email editor@womenunlimitedworldwide.com
Web: http://womenunlimitedworldwide.com

About Women Unlimited:

Women Unlimited is a business that is focussed upon supporting women on their journey to creating and sustaining a successful business, either as a sole trader or limited company. This is currently delivered through both face-to-face and online. It also has a lively community of female business owners and entrepreneurs who engage on the Women Unlimited website, Google+ Hangouts and forums. Women Unlimited also hosts the UK’s largest conference for women in business, the THRIVE conference, held on International Women’s Day each year.

Women Unlimited is a catalyst for change, and works in partnership with other business support groups and organisations that support entrepreneurship. It’s a conduit to help women achieve their aims; whether to start their own home-based business, or build a million pound company.

This is an incredibly exciting time for women in business, with so much potential for growth and Women Unlimited is at the forefront of that change.

Women Unlimited (TM) is a registered trademark of Springboard Enterprises Ltd (Company Registration No. 06636001)

 

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