Explosion of Women-Owned Businesses

Published: 19 August 2019

Forbes reports: “The number of women-owned businesses has been exploding, but apparently not in one part of the economy where you’d expect it to be: digital-only businesses. The number of women-owned businesses grew 58% between 2007-2018, according to the American Express 2018 State of Women-Owned Business, compared with 12% for all businesses. Some 2,000 new women-owned businesses are started every day.
But when Melbourne-based Flippa, a marketplace for buying and selling online businesses, looked at what portion of the businesses registered on its platform were women-owned, it found an astonishingly low number: 3%. Women-owned businesses account for 6% of sales, according to the site.”

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