Start a Woman-Owned Business – It’s about Making History

March is National Women’s History Month. It is safe to say that women, particularly women moving into business ownership, are making history daily. This observation is based on the sheer numbers of women entrepreneurs that are creating new businesses at historical rates.

In recognition of National Women’s History Month,Face Pic PEOPLE_line-lady I did some research about women-owned businesses. It is inspiring to observe the cadre of women making history daily, with impressive numbers of women moving into entrepreneurship in the United States alone.

American Express compiled some very revealing statistics in a recently published white paper about the state of women-owned businesses. Their study found that over the past year, each day an average of 1,288 women started their own business. An impressive number when paired with the fact that as of the end of that same year, a total of 9.1 million women owned a business. Those 9.1 million women-owned enterprises employed 7.9 million people. And, get this, they generated a whopping $1.4 trillion in revenue.

All that said, it is the growth that is most impressive. From 1997 to 2013, the average number of businesses started daily by women was 591. Compare that to the 1288 women-owned businesses started in 2014 alone.

Naturally, sustainability is always an issue. Business owners must be vigilant for ways to attract more customers, grow their business and find ways to compete in the larger market. Entrepreneurship is rarely easy, but is very fulfilling, as many women are discovering in record numbers.

Growth was greatest in the health care and social assistance arena. That included doctors, dentists, residential care facilities and child care providers.

According to the statistics from the Delaware based National Association of Women Business Owners (NAWBO), one in 5 firms, or 51%, was women-owned. They generated revenues of an average of $1 million.

Exceptional Transcriptions and Business Solutions is a woman owned business. I founded the company out of a love for the service I was providing for someone else in their enterprise. I wanted to extend my skills as a transcriber and business problem solver to help others in business. My business has thrived over two decades with the help of a tremendous team of transcribers and other experts.

Over the years, the services offered at Exceptional have increased until today there is an array of business services we can proudly provide, either directly or through partnerships, to the solo entrepreneur and small to medium sized business.

Access to speaker services is one of the latest services to be added. In addition, I am working on a book to help others who are in need of expert advice on various business challenges.

I discovered a love of public speaking and sharing my knowledge as well as learning new ways to solve challenges from my audience has inspired me. I look forward to offering my speaking services to your group.

Women make history everyday as they enter the world of entrepreneurship. Are you a  history maker?

Until next time… Be Exceptional

Audrey

CEO/Founder

Exceptional Transcription and Business Solutions

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