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Where are business women at on the Canadian entrepreneur forefront?
   
By RWM Experts

Being a women and being in business is the future of the Canadian landscape! Not only are the number of women-owned businesses growing at “a rate twice the national average for all businesses, our businesses are creating employment at four times the average rate for all businesses.” This inspiring statistic has been borrowed from a report published by Bennett Gold, Chartered Accountants, which further states that “today women-owned businesses are just as successful as any other business and their survival rates are identical to the average Canadian business.”

According to Shattering the Glass Box?, a report on Women Entrepreneurs and the Knowledge-Based Economy from Industry Canada, the number of self-employed women are growing at an average of twice the percentage of self-employed men. I wonder if the loan managers at the banks are aware of this?

Now before any of you critics are evaluating the type of businesses women are launching to satisfy these statistics, read the following facts. Industry Canada’s Shattering the Glass Box? further reports that the knowledge-based economy is being taken by storm by “Diva’s in Heels” (per se) across the country! Industries such as manufacturing, engineering, architecture, construction and law are experiencing ever increasing numbers of the “woman influence”. Shattering the Glass Box? reports that in 1996 alone the number of women entrepreneurs providing services to agriculture, rather than being directly involved in agriculture, increased 95.6 percent, while the number of women entrepreneurs providing business consulting, rather than accounting and bookkeeping services, rose 51.3 percent. I wonder what the statistics are for companies within the above industries that are being developed, launched and operated by the many amazingly successful women proprietors. And isn’t it satisfying to know that as women we have the power to not only birth families, we are now birthing empires. “The Donald” is old news, “The Ivana” is what’s hot!

Now from an irritating perspective, Shattering the Glass Box? has also reported that on the average self-employed women still earn less than self-employed men. Part of this difference is accounted for by hours worked. Though I beg to differ, Industry Canada’s report stated that “in 1997, self-employed women worked one third fewer hours per week than self-employed men.” Now don’t get me started!

Interested in solid business advice from start-up to employee retention? Email experts@risingwomen.com 

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