female entrepreneurs

Number of Self-employed Up 700,000 Since 2008

Number of Self-employed Up 700,000 Since 2008

The number of people registered as self-employed in the UK has increased by 700,000 since 2008 and now accounts for 15% of the UK’s workforce at 4.5 million, according to the Bank of England’s (BoE) report. The report concludes that this unrelenting growth in entrepreneurs is a result of technological and demographic changes, opposing concerns that a rise in self-employed individuals means that employment figures are not as healthy as they may initially be perceived. According to BoE’s analysis the boom indicates an increase in the number of low-paid, less intensive self-employment and not a struggling jobs market as just 4% of those registered as self-employed are looking for a job and there has been a rise in the number of entrepreneurs that earn £5,000-£7,500 a year. The BoE believe tha... »

Female Entrepreneurs Have Eye on Growth

1 in 5 female entrepreneurs intend to hire more staff, creating 360,000 jobs in the next 12 months Female entrepreneurs could give a much needed boost to the UK economy, a survey for Intuit, makers of QuickBooks financial management software for small businesses, has found. Despite the gloomy economic conditions, one in five women business owners (22%), say they plan to take on more staff in the next 12 months. Of those, 8% intend to hire one new employee, another 8% intend to hire two to five employees and 6% intend to hire more than six employees within the next 12 months. With an estimated 620,000 majority women owned small business in the UK this would create more than 360,000 new jobs over the next 12 months. The Intuit survey also revealed a strong entrepreneurial appetite from women... »

Female Entrepreneurs Avoid Risk to Survive Recession

Female Entrepreneurs Avoid Risk to Survive Recession

Women business-owners have been less affected by the recession because they tend to take fewer risks and grow their firms at a slower rate, an Everywoman report has revealed, writes Kate Horstead. The Voice of Everywoman report found that 50% of women business-owners said that the recession had not impacted on their business, compared with 38% of men. The findings also revealed that while only 15% of women had launched new services, 20% of men had done so. Everywoman director, Karen Gill, said that although risk awareness can be a positive thing, it can also hold women back from growing their businesses. “This research, combined with our understanding of our members, confirms that while women are faring better in the downturn due to risk awareness, this is conversely holding them bac... »

Women - Enterprise Day

Female entrepreneurs offered £25m boost growth

The Government has established a £25 million investment fund to support and promote female enterprise in the UK. The Aspire Fund, launched earlier this month to coincide with Women’s Enterprise Day, will be jointly funded by Government and the private sector in order to encourage women to seek equity finance to grow their businesses. Aimed at businesses seeking investment of between £100,000 and £2 million, firms can apply for funding immediately. Those interested in applying for finance should be able to demonstrate significant potential growth. According to the Department for Business, Enterprise and Regulatory Reform, funding is not restricted to female–only businesses but companies will be required to prove female ‘influence’, in the form of ow... »

Everywoman

Female entrepreneurs plan more than men

Female entrepreneurs are more likely to plan their business development than their male counterparts, according to female business network Everywoman. Research from Everywoman highlighted that 55% of female entrepreneurs work to a business plan, compared with only 34% of male entrepreneurs. Co–founder and director of Everywoman Karen Gill said: “In order to grow, you need to have good planning in place and as the survey shows, it is the female entrepreneurs who are more likely to be doing that. Female–led businesses have long been labelled as lifestyle businesses with no desire for growth, but this research proves that in fact these businesses do want to grow.” The survey also found that women are more likely to set profit targets than men — 47% of female entr... »

Enterprise Week Logo

Women’s Enterprise Day

Enterprise Insight, the non–profit organisation that fosters young entrepreneurial talent, has urged budding female entrepreneurs to take part in this year’s Women’s Enterprise Day so they can get the help they need to turn their business ideas into reality. Women’s Enterprise Day will take place on 19th November and is a national event celebrating female entrepreneurship and business success. The day will see business support organisations across the UK provide seminars and workshops offering advice to women in business. Alex Ritchie, women’s enterprise campaigner for Enterprise Insight’s Make Your Mark campaign said. “Women’s Enterprise Day will empower more women to make their ideas a reality by highlighting the inspirational achievements ... »

Deborah Meaden

Budding Female ‘Dragons’ urged to Leave Lair

If you’re a woman thinking of starting your own business, join our webchat: Chat date: Wednesday 20th August Chat time: 14:00 British women are trailing far behind their male counterparts when it comes to setting up in business. Despite an abundance of skills, academic prowess and the high profile of businesswomen like Dragon’s Den’s Deborah Meaden, the gulf between the numbers of male and female entrepreneurs is significant. If women matched men’s start–up levels, an extra £32billion* could be added to the economy. So why are there less women setting up business than men? Lack of confidence is one of the main barriers recognised by NatWest and RBS, whose pioneering Women in Business Service has been introduced to encourage greater levels of entrepreneur... »

Better Business for Female Entrepreneurs

Small Business Week 2007 The final day of Small Business Week 2007 focuses on the role of the female entrepreneur in the web seminar Better Business… for Female Entrepreneurs. With around 620,000 small business run by women in the UK and an estimated combined turnover of around £130 billion annually, this is the fastest-growing channel of the UK SME sector. This final day of the week sees Maxine Benson, co-founder of everywoman, "the business resource for female entrepreneurs and women business owners", Beatriz Butsana-Sita, director at BT Business and Julie White, owner of Truly Madly Baby, discuss the success of the female entrepreneur in UK business today. »