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BUSINESS
February 8, 2010 | By Karen E. Klein
Dear Karen: I'm a female sole practitioner in the service sector. Do I qualify as a minority small-business owner? Answer: As a sole practitioner, you qualify as a small-business owner under the guidelines of the Small Business Administration. Women-owned businesses are not considered minority-owned, but there are significant financing assistance programs and contracting advantages for certified women-owned businesses. Many resources exist to aid women business owners, such as the SBA's Women's Business Centers, www.sba.
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BUSINESS
April 5, 2013 | By Adolfo Flores
The number of businesses owned by women in the United States has increased 59% since 1997, according to an estimate from American Express. Those 8.6 million firms are generating more than $1.3 trillion in revenue and employing nearly 7.8 million people, according to the 2013 State of Women-Owned Businesses Report from American Express Open, a small-business arm of the company. California leads the nation with an estimated 1.1 million businesses owned by women, employing 983,000 people and generating about $198 million in sales, according to the report.
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BUSINESS
April 5, 2013 | By Adolfo Flores
The number of businesses owned by women in the United States has increased 59% since 1997, according to an estimate from American Express. Those 8.6 million firms are generating more than $1.3 trillion in revenue and employing nearly 7.8 million people, according to the 2013 State of Women-Owned Businesses Report from American Express Open, a small-business arm of the company. California leads the nation with an estimated 1.1 million businesses owned by women, employing 983,000 people and generating about $198 million in sales, according to the report.
BUSINESS
September 15, 2011 | By Andrea Chang, Los Angeles Times
Discount giant Wal-Mart Stores Inc. announced a multibillion-dollar initiative to promote female workers and women-owned businesses as part of an effort to improve its corporate image. The move came as the nation's largest retailer continues to deal with accusations that it doesn't have an equal workplace. The Bentonville, Ark., company may face individual claims of sex discrimination after the U.S. Supreme Court threw out a class-action suit by female workers in June. On Wednesday, Wal-Mart said it had developed five goals, designed to "help empower women across its supply chain," that it aimed to achieve by the end of 2016.
BUSINESS
August 18, 1994 | From Bloomberg Business News
The Federal Communications Commission took steps Wednesday to give minorities and women a better shot at winning licenses in the government's next auction of the airwaves. The agency said it will give women- and minority-owned firms a 40% discount on certain licenses they win in the FCC's next auction. That is up from a 25% discount in the series of auctions just completed.
BUSINESS
May 11, 1999 | MARLA DICKERSON, TIMES STAFF WRITER
California means business for the state's 1.2 million women-owned businesses, which outnumber, outsell and out-employ their counterparts in any other state. Those are just some of the findings in a national report to be released today which shows that women-owned businesses here and nationwide continue to increase their economic clout. The latest figures from the National Foundation for Women Business Owners estimate there are now 9.
BUSINESS
August 16, 2010 | By Cyndia Zwahlen
In 1994, Congress passed a law requiring that a minimum of 5% of the money spent on government contracts go to the nation's businesses that are majority-owned by women. That was great news for women who believed they had never received a fair share of those contracts. But the government didn't reach that mandated goal, and six years later Congress passed the Equity in Contracting for Women Act to give women-owned businesses more traction getting federal contracts. That program was never implemented.
BUSINESS
October 28, 1998 | MARLA DICKERSON, TIMES STAFF WRITER
Women-owned businesses now account for one in three U.S. firms and posted an estimated $3.1 trillion in sales in 1997. Those are among the findings in the latest study of women-owned businesses just released by the Small Business Administration's Office of Advocacy. The "Women in Business" report updates now familiar trends showing women-owned businesses to be one of the fastest-growing segments of the U.S. economy.
BUSINESS
October 7, 2010 | Bloomberg News
Private businesses owned by women have grown in number and hired more workers than male-owned businesses, according to the U.S. Department of Commerce. The report also found such firms lag behind male-owned businesses in financial capital, revenue and salaries. The number of companies owned by women grew by 44% to 7.8 million from 1997 to 2007, compared with a 22% increase in firms owned by men, the Commerce Department report found. Male-owned firms in 2007 totaled 13.9 million. The Commerce Department also found women in business added 500,000 workers to their payrolls while firms owned by men shed almost 2 million jobs during the period.
BUSINESS
March 18, 1999 | Marla Dickerson
Female business owners will be in Washington asking Congress to send more government contracts their way, as leaders of the Women's Economic Summit unveil their action plan for women's economic development. The plan--a collaboration among major women's organizations, small-business owners, academics and business leaders--calls for more contracting opportunities, training and financing for the nation's women-owned businesses.
BUSINESS
October 7, 2010 | Bloomberg News
Private businesses owned by women have grown in number and hired more workers than male-owned businesses, according to the U.S. Department of Commerce. The report also found such firms lag behind male-owned businesses in financial capital, revenue and salaries. The number of companies owned by women grew by 44% to 7.8 million from 1997 to 2007, compared with a 22% increase in firms owned by men, the Commerce Department report found. Male-owned firms in 2007 totaled 13.9 million. The Commerce Department also found women in business added 500,000 workers to their payrolls while firms owned by men shed almost 2 million jobs during the period.
BUSINESS
August 16, 2010 | By Cyndia Zwahlen
In 1994, Congress passed a law requiring that a minimum of 5% of the money spent on government contracts go to the nation's businesses that are majority-owned by women. That was great news for women who believed they had never received a fair share of those contracts. But the government didn't reach that mandated goal, and six years later Congress passed the Equity in Contracting for Women Act to give women-owned businesses more traction getting federal contracts. That program was never implemented.
BUSINESS
February 8, 2010 | By Karen E. Klein
Dear Karen: I'm a female sole practitioner in the service sector. Do I qualify as a minority small-business owner? Answer: As a sole practitioner, you qualify as a small-business owner under the guidelines of the Small Business Administration. Women-owned businesses are not considered minority-owned, but there are significant financing assistance programs and contracting advantages for certified women-owned businesses. Many resources exist to aid women business owners, such as the SBA's Women's Business Centers, www.sba.
BUSINESS
June 29, 2007 | Andrea Chang, Times Staff Writer
While playing "hospital" one day as a child, Rebecca Congleton Boenigk recalled her mother rushing into the room to teach her an early lesson in girl power: Just because you're a girl doesn't mean you have to play the nurse. "I thought, 'OK, I'll be the doctor,' " Boenigk said. Today, Boenigk runs Neutral Posture Inc., a business she founded with her mom, Jaye Congleton, 18 years ago.
BUSINESS
December 4, 2001 | KAREN ROBINSON-JACOBS, TIMES STAFF WRITER
Women-owned businesses are having a greater economic impact in the Los Angeles area than in any metropolitan area in the country, based on size, sales and number of firms, according to a study to be released today . New York leads the nation in the number of women-owned firms--with a projected 230,765 firms by 2002, according to the Center for Women's Business Research. Los Angeles is No. 2, with 213,759 women-owned firms estimated in Los Angeles County by 2002, the report said.
BUSINESS
April 4, 2001 | MARLA DICKERSON, TIMES STAFF WRITER
The number of U.S. businesses owned by women increased by 16% between 1992 and 1997, triple the growth rate of all firms, according to census figures released today. California once again led the nation with more than 700,000 women-owned firms. But a change in the way the Census Bureau defines women-owned firms means there are far fewer of them than previously believed. That has some women's groups questioning whether the data accurately reflect the activity of female entrepreneurs.
BUSINESS
December 4, 2001 | KAREN ROBINSON-JACOBS, TIMES STAFF WRITER
Women-owned businesses are having a greater economic impact in the Los Angeles area than in any metropolitan area in the country, based on size, sales and number of firms, according to a study to be released today . New York leads the nation in the number of women-owned firms--with a projected 230,765 firms by 2002, according to the Center for Women's Business Research. Los Angeles is No. 2, with 213,759 women-owned firms estimated in Los Angeles County by 2002, the report said.
BUSINESS
April 4, 2001 | MARLA DICKERSON, TIMES STAFF WRITER
The number of U.S. businesses owned by women increased by 16% between 1992 and 1997, triple the growth rate of all firms, according to census figures released today. California once again led the nation with more than 700,000 women-owned firms. But a change in the way the Census Bureau defines women-owned firms means there are far fewer of them than previously believed. That has some women's groups questioning whether the data accurately reflect the activity of female entrepreneurs.
BUSINESS
October 11, 2000 | Marla Dickerson
Female entrepreneurs looking to take their tech businesses to the next level still have a few days left to sign up for Springboard 2001, the venture forum for women-owned businesses. A follow-up to January's groundbreaking Springboard 2000 event, the Feb. 1, 2001, forum in Northern California's Redwood Shores will give 30 female tech entrepreneurs the chance to pitch their business plans in front of several hundred potential investors.
BUSINESS
July 18, 2000 | MICHAEL LIEDTKE, ASSOCIATED PRESS
Only 2% of the money invested by venture capital firms goes to women-owned businesses, according to a survey released today by the National Foundation for Women Business Owners. About 38% of U.S. businesses are owned by women, yet women-owned firms represent only 9% of all institutional investment deals, the survey found. "Women business owners still tend to be invisible to venture capitalists," said Sharon Hadary, executive director of the nonprofit research firm in Washington.
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