Tips For Women's Business Growth In 2014
Women entrepreneurs on the path to growth.
Economists are predicting a year of economic growth for the U.S. economy and competition will be tough for American businesses. It’s important to note that many of today’s small businesses are owned and operated by women. They represent 50% or more of privately held companies but only 4.2% of their businesses generate more than $1 million in revenue.* So how can female entrepreneurs take advantage of the upswing in the economy and take their businesses to the next level?
As the founder of Count Me In for Women’s Economic Independence, the leading not-for-profit provider of resources, business education and community support for women entrepreneurs, it’s my mission to help the over eight million women business owners in the U.S. to substantially grow their businesses. The benefit of helping this group of entrepreneurs will result in increased revenues and job growth in communities across the country.
A new year means new opportunities to reassess and explore new avenues that put women entrepreneurs on the path to growth. Here are five tips I recommend that small business owners consider for success:
- Retail Giants – Turn this competition into a partnership
- Know your financials and have solid financial goals
- Learn how to be a CEO
- Get Involved
- Don’t Fear Failure
Read the full article at: forbes.com
Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.
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