Building and growing a small business takes an incredible amount of time and hard work. As a small business owner, there are many responsibilities that fall directly and entirely on you. Between numerous financial obligations and managing your personnel, the overwhelming pressure of running a business can often put a strain on both you and your wallet.
Business owners who are women often face additional difficulties that male business owners may not. Because we believe that everyone should have an equal opportunity for success, ValueOne provides personalized small business services for women-owned businesses to empower women and strengthen the business community.
Opportunities and Challenges for Women-Owned Businesses
Women today are making enormous strides when it comes to business, as more and more women begin to emerge as owners and industry leaders. According to the 2016 State of Women-Owned Businesses Report, there are now more than 11 million women-owned businesses in the United States. These businesses employ almost 9 million people and generate more than $1.6 trillion in revenues .
The rapid growth of women-owned businesses isn’t surprising given the financial rewards they afford to women. As more women strive to break the “glass ceiling” and advance their careers, many find comfort in the flexibility of being their own boss. These women bring vision and innovation to their businesses while still maintaining a positive work/life balance, often leading to accelerated wealth building and higher job satisfaction.
However, as a female business owner, you often encounter obstacles that male business owners may not. Balancing the high demands of your business with family obligations can be tiresome and stressful. That’s why it is critical that you find a financial services provider who understands your unique needs and is dedicated to helping you succeed.