women-run businesses Archives - Mad Men Marketing https://www.madmenmarketinginc.com/tag/women-run-businesses/ Interact, don't interrupt Fri, 06 Jan 2023 17:54:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 https://www.madmenmarketinginc.com/wp-content/uploads/2020/11/cropped-cropped-cropped-MMM_Logo_FullColor_Stacked-32x32.png women-run businesses Archives - Mad Men Marketing https://www.madmenmarketinginc.com/tag/women-run-businesses/ 32 32 Our Top 5 Recommended Resources for Women-Owned Businesses https://www.madmenmarketinginc.com/our-top-5-recommended-resources-for-women-owned-businesses/ Wed, 21 Dec 2022 10:00:37 +0000 https://www.madmenmarketinginc.com/?p=5760 The time to finalize our New Year’s resolutions has arrived and — regardless of whether you’re an aspiring female entrepreneur or the existing owner of a women-led business — we’re willing to bet your bottom line is a part of the big picture. What’s more, we want to see you thrive. That’s why, if you’ve […]

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The time to finalize our New Year’s resolutions has arrived and — regardless of whether you’re an aspiring female entrepreneur or the existing owner of a women-led business — we’re willing to bet your bottom line is a part of the big picture.

What’s more, we want to see you thrive.

That’s why, if you’ve found yourself on the hunt for resources and organizations that will give you the year-end boost you need, we recommend the following five:

  1. Association for Enterprise Opportunity (AEO)

Having recently celebrated 30 years’ worth of business-related impact, the AEO’s vision “is for every individual in the U.S. to have access to resources and services for creating wealth, assets, and healthy communities through business ownership.”

Specifically, the AEO is focused on providing economic assistance and resources for entrepreneurs who are historically underserved, which includes many women — especially women of color. Thus, we highly recommend this organization.

  1. Association of Women’s Business Centers (AWBC)

The AWBC “works to secure economic justice and entrepreneurial opportunities for women by supporting and sustaining a national network of over 100 Women’s Business Centers.”

This non-profit organization assists a reported 150,000 female entrepreneurs every year. If you’re looking for mentorship or training, financing opportunities, and/or development resources, we highly recommend the AWBC.

  1. National Association of Women’s Business Owners (NAWBO)

“The National Association of Women Business Owners is an organization in the United States founded in 1975 that has the purpose of networking the approximately 10.6 million women-owned businesses,” according to the organization’s website, “so as to provide mutual support, share resources, and provide a single voice to help shape economic and public policy.”

No matter where you are located in the United States, NAWBO is there for you. With nationwide chapters that support women across all industries, you can consider this organization your “one-stop shop” for all things business development-oriented.

  1. Office of Women’s Business Ownership (OWBO)

Created through the U.S. Small Business Administration (SBA), “The Office of Women’s Business Ownership’s mission is to enable and empower women entrepreneurs through advocacy, outreach, education and support.”

With a particular focus on “women who are economically or socially disadvantaged,” this government-provided resource is committed to training and counseling new female entrepreneurs. Additionally, its services are offered in a variety of languages.

  1. Women’s Business Enterprise National Council (WBENC)

The mission of the WBENC “is to fuel economic growth globally by identifying, certifying, and facilitating the development of women-owned businesses.”

After 25 years of operation, amassing a network of over 450 organizations, and partnering with a curated 14 regional partners, the WBENC remains committed to closing the gap between women-led businesses and their male counterparts.

Last but not least, we’d be honored if you kept us in mind.

Here at Mad Men Marketing, we provide industry-leading marketing solutions to women-led businesses. What’s more, we’d love to hear your story and share it with our community!

Do you want to see your business highlighted? Or do you have someone else in mind? We’d love to know! Please reach out to us or visit our S.H.E. Matters page to send in a submission for our review, and stay tuned here for more information.

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S.H.E. Matters and is Invaluable to Our Economy https://www.madmenmarketinginc.com/s-h-e-matters-and-is-invaluable-to-our-economy/ Sun, 18 Sep 2022 10:00:12 +0000 https://www.madmenmarketinginc.com/?p=5647 In case you didn’t know, the month of September is National Women’s Small Business Month. Thus, in honor of this month’s observance, we wanted to take a moment to shine a light on how women pave their own financial paths and generate a lasting impact on our nation’s economy. After all, it’s not just that […]

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In case you didn’t know, the month of September is National Women’s Small Business Month.

Thus, in honor of this month’s observance, we wanted to take a moment to shine a light on how women pave their own financial paths and generate a lasting impact on our nation’s economy.

After all, it’s not just that S.H.E. Matters today, it’s that she always has and always will.

The History of Women in Business

Recorded history dates the first woman-run business in America all the way back to the 18th Century.

Specifically, in 1739, “Eliza Lucas Pinckney took over operation of the family’s three South Carolina plantations at the age of 16 after her mother’s passing and her father’s return to the West Indies,” As reported by the SBDC National Information Clearinghouse (SBDCNet).

Following, up until the mid-20th Century, most businesses that were run by women were ale houses, clothing shops, and brothels. Primarily, these were only established by women who were unmarried or otherwise without a man who was considered the “traditional breadwinner” at the time.

Thankfully, by the 1920s, the idea of female entrepreneurship became normalized. Thus, in the 1940s, women were more ready to step into the workforce amidst the ongoing war. Even when the men returned and displaced those women, many went on to establish their own businesses and lines of work.

Finally, in 1988, “Congress passed The Women’s Business Ownership Act, which ended discrimination in lending, eliminated state laws that required married women to have a husband’s signature for all loans and gave women-owned businesses a chance to compete for lucrative government contracts,” according to Media Partners Worldwide.

Modern Growth, Modern Numbers

Today, while women continue to face an uphill battle against the glass ceiling, broken rung, and many other phenomena that otherwise hinder their upward mobility in business, there is still reason for celebration.

“In 1972, there were a little over 400,000 women-owned businesses in the United States,” as reported by the U.S. Small Business Administration (SBA). “Today, there are over 13 million women-owned businesses and counting.”

What’s more, the U.S. Census reported that, in 2018, “women-owned employer firms reported nearly $1.8 trillion in sales, shipments, receipts or revenue and employed over 10.1 million workers with an annual payroll of $388.1 billion.”

Further, some exciting statistics provided by the National Association of Women Business Owners (NAWBO) include:

  • One in five firms that report their annual revenue of $1 million or more is woman-owned
  • 4.2% of all women-owned firms have revenues of $1 million or more.
  • 5.4 million firms are majority-owned by women of color in the U.S.
  • The aforementioned firms generate an annual $361 billion in revenue
  • Those firms also employ 2.1 million people

S.H.E. Matters, and So Does Her Business

At the end of the day, women-owned businesses remain invaluable to our economy, and we hope to see them continue to proliferate as time goes on.

After all, women should not be doubted — and neither should their impact on the workforce.

Further, we would love to highlight some of your favorite locally-owned businesses that are owned and run by women. Please reach out to us or visit our S.H.E. Matters page to send in a submission for our review, and stay tuned here for more information!

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