SOURCE: The Entrepreneur's Source

The Entrepreneur's Source

August 31, 2010 09:19 ET

Women Owning Businesses; Good for Women -- Good for the Economy

SOUTHBURY, CT--(Marketwire - August 31, 2010) -  According to a recent national report, 32 percent of business owners are women. This represents 10.1 million firms, employing 13 million people and generating $1.9 trillion in sales in 2008. Citing a report issued by The Center for Women's Business Research (CFWBR), Brian Miller, COO and president of The Entrepreneur's Source (TES), says in today's New Career Economy®, where business ownership is usurping the once glamorous corporate managerial positions, women are a driving force behind the rise of self-employment statistics.

The Entrepreneur's Source is the country's premier source for self-employment options, franchising information, education and training. According to Miller, "The CFWBR report demonstrates that women in business are surviving and thriving even in our current economy. The economy needs women business owners more now than ever."

According to the July 2010 Kaufman Foundation Study, start-up companies are the only factor adding new jobs in today's economy. Existing firms are eliminating positions and managing with fewer staff.

Another driving factor behind women opening up businesses is that business ownership provides the ability to create a lifestyle that allows for balance between family and work life, a main priority for women. According to Miller, women bring strong advantages, like flexibility and the ability to multi-task, to managing a business, helping them ultimately achieve the work/life balance they require.

There are organizations sprouting up in support of women in business. One such organization, Women Empowered By Business (WEBB), is a group of passionate women dedicated to promoting and empowering those women who are seeking to become knowledgeable and self-sufficient members of the business world. WEBB provides a dynamic exchange of business ideas, experiences and solutions through their scheduled events, monthly webinars and MasterMind Groups.

The professional business coaches with TES specialize in helping individuals explore whether business ownership is a viable career alternative. They use a "discovery process" to help people explore business options and uncover possibilities that match their personal objectives and income goals. According to Miller, 95 percent of the people who are helped by The Entrepreneur's Source become an owner of a business they would have never considered -- or had discounted. 

To learn more about The Entrepreneur's Source, please visit www.entrepreneurssource.com.

About The Entrepreneur's Source®
The Entrepreneur's Source is North America's leading career and franchise Business Coaching Company dedicated to the entrepreneur with more than 230 offices in the United States, Canada and the UK. With its unique "Discovery Process" and partnership with E-Myth Worldwide®, TES offers a full range of services to individuals seeking alternate career options and to franchise businesses looking to increase profitability & performance. Today, E-Source dominates the $1.5 billion dollar Business Coaching/Consulting franchise market in North America. For additional information about The Entrepreneur's Source go to www.EntrepreneursSource.com.