Sexual harassment is one of the many obstacles women entrepreneurs face, as pointed out in a report out today. Sen.
Jeanne Shaheen, D-N.H. (Photo: J. Scott Applewhite, AP) Sexual harassment is one of the many obstacles women entrepreneurs face as they try to grow small businesses into bigger enterprises, as pointed out in a new report. The report titled “Tackling the Gender Gap: What Women Entrepreneurs Need to Thrive,” from Sen. Jeanne Shaheen, ranking member of the Senate Committee on Small Business and Entrepreneurship, is enlightening on that and other topics. More: Rhonda Abrams’ column page “It’s important for us to encourage women to succeed.
When women succeed, their families succeed,” Shaheen, a Democrat of New Hampshire, told me in an interview. “It’s in the interest of everyone in this country to ensure that women can be successful.” “It’s important for us to encourage women to succeed.
When women succeed, their families succeed,” said Shaheen, a Democrat of New Hampshire. American women are clearly entrepreneurial: They own 11.6 million businesses, 39% of all firms, and start businesses at a rate five times faster than the national average.
But they face many obstacles trying to scale those businesses into larger enterprises. As a result, women-owned businesses employ only 8% of the private workforce, generate only 4% of business revenues, and a mere 2% have more than $1 million in revenues. The report focuses on three main areas needing to be addressed to help women grow their companies: ► Increasing positive role models and mentors for girls and women
► Overcoming the gender pay gap for working women
► Eliminating unequal access to financial capital for women “We know many women entrepreneurs still face sexual harassment in the business environment,” Shaheen said. Read more from usatoday.com…
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