Some data to sink your teeth into. Close to 42% of small businesses are owned by females which equals about 12.3 million companies owned by women— 64% of that number are women of color. 60% of female businesses are the primary household income source. Most female founded business outperform their male counterparts by 63%. Despite this success, most female founded companies struggle to secure financing. If these female entrepreneurs do score financial help, the interest rate on their loans are higher than their male counterparts.
I don’t have all the answers on to how propel more female founders except that I can call out a few some small badass female founded brands that I love, you may love and may want to support this holiday season. All these brands are at various price points and in various categories so gift others or yourself now or in January when you didn’t get all that you wished for.
I have no skin in the game on these brands below, just some ladies that I think make cool products. Send me other female founded brands, I always want to discover more.
Happy Holidays.
x Sarah
Hi Sarah, I just came across this article I had no idea of these figures, its so interesting. As a female founder of a small business I can completely relate. Love your style
Ciao Sarah xx
Porto is another amazing brand!! The most beautiful, high quality leather pouches in a range of natural color ways. https://porto-studio.com/