UK women's businesses in good shape to grow

The Delta Economics COGS 2011 survey publishes its results for women's businesses in 2010-11. It finds that:

  • There is a huge amount of growth potential in women’s businesses that is currently untapped.  Women are creating more jobs than their male counterparts, are more innovative and more likely to have seen their business grow faster than expected than their male counterparts.  There are no statistically significant differences between men and women in terms of what they invest at start up (£189,000 on average to set up a growth oriented business) and they will invest nearly 70% of this out of savings or personal income.
  • But their turnovers are substantially lower than their male counterparts in the UK or their female counterparts in Europe.  They are more likely to experience difficulties in accessing finance to grow their business and are motivated by a wider variety of objectives than their female counterparts rather than a simple focus on the market opportunity and growth.

COGS Women 2011

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