10 01 2015

National Women's Small Business Month in October

10 01 2015

October Is National Women’s Small Business Month

Now is a good time for women to obtain a small business loan for their companies, since October is National Women’s Small Business Month across the country. Originally started by the National Women’s Business Council, WSBM is a time for people all over the nation to highlight and honor the contributions women have made to the business world.

“This October we celebrate the women that have persevered and become successful business owners and we will continue to push for increased access to capital and to markets so women entrepreneurs can keep growing and scaling their businesses,” Carla Harris, the Presidential appointed chair of the NWBC, said.

According to American Express Open Forum, with 9.4 million companies in the country, women-owned enterprises account for 30 percent of all businesses – up from 9.1 million a year ago. Collectively, these businesses employ more than 7.9 million people and are responsible for more than $1.5 trillion in revenue. Since 1997, profits by female-owned firms have grown by 79 percent.

Despite the major strides by women entrepreneurs, business owners and the hard-working females across the country, the National Women’s Business Council reported there are still barriers to obtaining resources needed to start and grow a company. Because of the these barriers, National Funding has designed small business loans tailored for women business owners.

While the current numbers regarding women-owned firms and businesses are impressive and will continue to grow, there’s still a lot of work that needs to be done in this realm. According to the Institute for Women’s Policy Research, women still only earn 78.3 cents for every dollar a male earns. In addition, the median annual earnings for a woman working full time and year round in 2013 is $39,157, as it was in 2002 at $39,108.


  • Gain Social Media Followers

    7 Ways To Attract More Social Media Followers For Small Businesses

    Social media platforms like Twitter, Facebook, YouTube, and LinkedIn are wonderful ways to connect with your customers, answer their questions and alert them when you have a new product or a sale. However, the benefits of social media can only truly be realized if you have a following. Creating a social media account is only the… […]

  • Small business marketing guide

    Small Business Marketing Guide – Improve Your Marketing Program

    Take advantage of the power of marketing by downloading National Funding's Small Business Marketing Tips eBook. A solid small business marketing strategy helps ensure that owners in any industry can potentially turn a minor investment into major sales opportunities. Unfortunately, too often, many small business owners mistakenly think they don't have the resources or tools… […]

  • Get your brand on mobile devices

    3 Ways to Get Your Brand On Customers Mobile Devices

    Everywhere you look, you're bound to see someone scrolling through newsfeeds, messages or even news articles on their mobile devices. Smartphones are no longer considered so much a luxury as they are a necessity. In the U.S., 72 percent of the population reports owning a smartphone, according to a survey conducted by the Pew Research… […]

  • 3 Different Types of Small Business Lenders

    3 Types of Funding Options for Small Business Expansion

    When you began your business, it was small; most are for the first few years. But now that you've gained customers and market share, you're feeling it's time to expand. This is a normal part of business life, yet a challenge for many small business owners. Expanding your business takes careful planning. Perhaps you need a new… […]