Throughout the month of October, The Women’s Business Enterprise National Council (WBENC) is celebrating National Women’s Small Business Month by helping raise awareness for where, why and how to Buy Women Owned.
When you support Women Owned businesses, you are investing in women’s economic empowerment, gender parity in commerce, vibrant communities, and the growth of the economy overall. Some facts about Women Owned:
- Women Owned businesses represent a significant portion of economic and business growth. As of January 2017, there were an estimated 11.6 million Women Owned businesses in the U.S., employing nearly 9 million people and generating $1.7 trillion in revenues.
- Over the past 20 years, the number of Women Owned businesses has grown 114 percent compared to the overall national growth rate of 44 percent for all businesses.
- As of 2017, Women Owned businesses account for 39 percent of all businesses in the U.S. but only 4.2 percent of overall business revenues.
- Women reinvest up to 90 percent of their income in their families and communities.
Share our snacks online with the hashtag #BuyWomenOwned to support the movement this month.