5 Challenges That Women Entrepreneurs Face — And What To Do
In 2019, women started only 28% of new businesses in the US. The next couple of years had women seizing "pandemic related opportunities," with the WE Forum finding that women entrepreneurs formed 49% of startups in 2021. However, the same research found that despite these gains, women have also lost more working hours since the peak of the pandemic compared to men. This goes to show that while women entrepreneurship is certainly growing around the world, obstacles still remain. Experts find that men still outnumber women 3-1 when it comes to business ownership, and caring and homeschooling responsibilities continue to take women away from the workforce. Fortunately, there are still things that can be done to combat these challenges. This article discusses a few strategies.