The Federation of Small Businesses (FSB) is to create a taskforce dedicated to supporting women entrepreneurs and business owners.
The FSB has examined the specific challenges faced by women-led businesses in a recent survey of 1,900 women business owners in the UK. The findings have been published in a new report, Women in Enterprise: The Untapped Potential, which makes recommendations for improving support, developing mentoring networks and increasing the diversity of business ambassadors.
While the report finds that women-led businesses face many of the same challenges that all small firms encounter – including cash flow problems (42%) and difficulty accessing finance (25%) – some issues are more acute for women business owners. These include: balancing work and family life (40%), achieving credibility for the business (37%) and a lack of confidence (22%). All of these factors, says the FSB, are limiting women’s ability to start, run and grow their businesses.
Helen Walbey, FSB diversity policy chair, said: “Getting more women into business is critical for a dynamic and vibrant small business sector. That’s why we need to work out what the barriers are for women and break them down one by one.” read more here …
SBGN has several successful business women. Why not give us a call to talk about your ideas?
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