Advantages And Disadvantages Of Women-Owned Small Business

Lesley Gillespie, the cofounder of Australia’s most successful bakery, Baker’s Delight, has shown many, if not all, of the traits required to be a successful entrepreneur, and is now on the BRW Rich Women 2015 list. In an equal partnership with husband Roger, her position as joint chief executive puts her on the list of a minority of business owned by women, especially in the 1980’s when Bakers Delight was opened. Though she has said that she has not faced many barriers to being a woman in business, apart from a few instances, a woman would likely not have made it to be so successful without focus, thinking of those around her, passion, self motivation and without being a hard worker, all of which are traits required to be an entrepreneur.

Why are there not more women in the upper ranks of corporate America? Is it because women slow down or stop career plans to spend more time caring for family? Or possibly because they are just less ambitious than men and don’t have the confidence? Simple answer: No. Something else is occurring whilst on their way to the top. Women are not surrendering their vocations in huge numbers. Parenthood actually builds their craving for winning advancements; and women by large don 't lack of aspiration or certainty that they can use to go up against difficult tasks. Yet when asked whether they want a top role in their companies or industries, a majority of women say they would rather not grab the brass ring.

      “Women-and Minority-Owned Businesses Adapt to New Economy” written by Yvette Armendariz was an article that I found in the archives of the Arizona Republic (October 6, 2002) via the internet. This article dealt with the readings from class over the past couple of weeks, especially dealing with women and Global Economy. As the title reads, women-owned businesses are adapting to the new economy, the economy after the New York September 11th attacks. This article is a year old, but I thought that it still had merit and was worth writing about.

What does it take for women to gain success in the business world? Well, it is generally thought that a great business leader has a few traits that led

They said if the share of female bosses increased by only .24 percent, the gender gap would decrease by more than 40 percent. This is an interesting find as it shows that just a couple of changes could make a big move toward equality, yet we aren’t making those changes. The authors concluded the slow progression of women’s corporate jobs is due to the history of men dominating those

This myth has been perpetuated throughout history and in result; we have barriers such as the glass ceiling in existence. If we were to pull up a list of the Board of Directors for any given company, the probability of it being a predominately male group is high. This notion alone shows how companies have continued to dwell in olds days where men are considered more capable than women. The Glass ceiling effect has continued to place barriers against women endeavor in achieving success in their careers and participation in their work place. Women have not been able to realize their potential in their work places since they are not offered equal chances as compared to their men counterparts who enjoy great opportunities in organizations. The fact that an organization is ran by men, may cause an adverse effect on the performance of men. Obviously, a man thinks differently than a woman. It is likely that a decision made by men only is likely to ignore the interests of women in the organization. This creates a domino effect because it affects the woman’s performance in business since they only get limited chances to learn, and limited job assignments that will enhance their skills. Hence, low or limited skills and experience will lower their overall

While women make up 46.6% of the Fortune 500 workforce and 51.4% of middle management, according to Catalyst, in these companies they represent only 14.1% of executive officers, 7.5% of the highest paid and only 4% of CEO’s Despite the fact that women have a foot in the door with 4% of all CEO positions of the Fortune 500, the rest of their frame is stuck in the entry level, which is 46.6% of the Fortune 500 workforce. The difference is not in men and women; it is in masculine vs. feminine ways of thinking and acting. Both men and women incorporate masculine and feminine approaches (Forbes).

Although much research has been launched into women entrepreneurship and immigrant and minority entrepreneurship as separate topics, there does not seem to be much focus on entrepreneurs who fit into both categories, the ethnic female entrepreneur. This profile covers a woman of ethnic background who launches an organization to create innovative solutions for profit. Owing to the fact that they belong to two categories that face the most challenges in entrepreneurial pursuits, it is necessary to find out how their special circumstance acts as a barrier to their

I would like to start by mentioning that there may be decision making abilities and cultural differences that are affected by gender. Women are usually expected to be nurturing and less aggressive than men. Under attribution theory (ORGB), female managers may be less likely to attribute their success to their own abilities. It is not hard to guess that management may end up not having an entirely accurate assessment of a woman’s skills due to her modesty in that area.

The free books, distributed through boutiques, doctors’ offices, antique shops, art galleries, and realtors, are updated every year. Each city’s guide is different, of course, but a typical example would include special restaurants, clothing boutiques, kitchen renovators, interior designers, realtors, artists, salons, home builders, wealth managers, doctors, garden designers, photographers, caterers, and maybe a private school or preschool. So many small businesses are owned by women—the latest figures show that women own 30 percent of all enterprises, a number that is increasing at a rate 1 ½ times the national average—that it is no surprise to find many of the businesses featured are female-owned.

Women-owned buisnesses are joining the fight in poverty while helping Africa's economy grow. In "WOMEN BUSINESS OWNERS ARE HELPING AFRICA'S ECONOMY GROW, FIGHT POVERTY" by Associated Press, Madinah Nalukenge and other women are creating large buisnesses in the Uganda area. The purpose of this essay is to discuss how these women have perservered in helping Africa's economy grow and fight poverty.

Stereotypes and myth are the reason why women are held back in business. Accordingly women without children to be as disadvantaged as working mothers when it comes to achieving top-level positions. On the other hand, In organizations males are 4.5 times more likely to make it in the executive committee than a woman, while senior living is two times less likely to be promoted from their male peers. As well as a lessened social standard for the business environment, women are isolated from jobs that require some elbow grease. For example, the sanitation system is prominently subjected to male workers over female workers along with many other jobs such as construction, car dealerships, even down to the moving of tables at a restaurant.

As executives or business owners, women tend to run their businesses differently than men. Almost every sixty seconds a women is starting her own business. As of today there are over nine million women that own their own business nationwide. Women own half of the businesses in the United States of America out of those 9 million women my mother; Lakesha Miller has owned multiple businesses. I interviewed my mother on November 19, 2016 at Olive Garden in Huntsville, Alabama. She is currently the chief executive officer of Tritel Customer Services and Answering Source. She is one of the outstanding women who have started, built, inherited, partnered, or have entered business ownership.

Currently, according to statistics from the Department of Labor of the United States; of the “123 million women age 16 years and over, 58.6 percent or 72 million were labor force participants and in the long run, women are projected to account for 51 percent of the increase in total labor force growth between 2008 and 2018” (U.S. Department of Labor). These numbers will clearly demonstrate to any skeptic that women are leaving behind their old dependence on men and becoming more autonomous and self-determined to succeed; it sounds great, doesn’t it? On the other hand; however, men are losing as women are gaining. The Department of Labor has reported that men have lost about 4.75 million jobs during the current economic recession that started in 2007, while women have only lost 1.66 million. Additionally, “the only parts of the economy still growing—health care, education and government—have traditionally hired mostly women”( Cauchon). Now, as a result, of the statistics that show that females are overcoming males in the workplace; the gender segregation has created some kind of imaginary “glass ceiling” that impedes both sexes from advancing professionally and economically.

Researchers have known since the 1970s that female entrepreneurs are motivated by a desire for