An upcoming webinar examines the future for small businesses run by women in today’s economy.
Sign up today for Women’s Small Business Outlook 2016 coming Tuesday, March 8, 2016, from 3 p.m to 4 p.m. EST. The free webinar is sponsored by Biz2Credit and Small Business Trends.
“Despite a favorable economy for entrepreneurship, female entrepreneurs still have a more difficult time securing capital than men do,” says CEO of Biz2Credit Rohit Arora, an expert on small business finance.
Arora adds, “Typically, women-owned firms have lower revenues, lower credit scores, and higher cost structures. The Women’s Small Business Outlook 2016 webinar will provide advice to women from leading small business experts on the best ways to grow their companies.”
“Women are such an integral part of the growth of the U.S. economy,” adds Small Business Trends CEO Anita Campbell. “Our goal is to help female entrepreneurs learn more about the resources available to help narrow the gender gap.”
Arora and Campbell will serve as moderators for the March 8 event. A panel including experts in marketing, business formation, financing and investments will be on hand to support and advice for women entrepreneurs attempting to grow their companies.
Topics will include:
- Information but the growth of women owned businesses from 2015 on,
- The gender gap faced by women entrepreneurs in financing and funding,
- The choice between business formats (corporation, LLC etc.),
- Payroll and tax issues,
- Marketing advice,
- and more.
Prospects are improving for women owned businesses. But even today, how well are women owned businesses fairing compared to their male owned counterparts.
For example, a study undertaken by Ernst & Young in 2014 concluded (PDF) that women owned businesses have only a 2 percent chance of reaching $1 million in revenue.
Meanwhile, men-owned businesses have 3.5 percent more chance of reaching $1 million in revenue than businesses run by women, the same study said.
On the other hand, another study by French bank BNP Paribas and consultancy firm Scorpio Partnership gives another perspective.
Women-run businesses in the survey reported average annual sales of $9.1 million while male run businesses in the survey saw an average of just $8.4 million.
WHO: Rohit Arora, CEO of Biz2Credit, and Anita Campbell, CEO of Small Business Trends
WHAT: Women’s Small Business Outlook 2016 Webinar
WHEN: Tuesday, March 8, at 3:00 p.m. (EST)
WHERE: Register online by clicking the red button below:
Image: Biz2CreditMore in: Women Entrepreneurs