“Veteran women-owned firm increased 294.7 percent in number from 2007 to 2012. During the same time period, the number of non-veteran women-owned firms increased by 23.4 percent… This report develops a profile of the veteran women business owner through the presentation of business and business owner characteristics from the U.S. Census Bureau’s 2007 and 2012 Survey of Business Owners and Self-Employed Persons and 2015 Annual Survey of Entrepreneurs… It is not meant to be all inclusive but, rather, to highlight the current landscape of veteran women-owned firms based off of publically available data…”
This report develops a profile of the veteran women business owner through the presentation of business and business owner characteristics from the U.S. Census Bureau’s 2007 and 2012 Survey of Business Owners and Self-Employed Persons and 2015 Annual Survey of Entrepreneurs… It is not meant to be all inclusive but, rather, to highlight the current landscape of veteran women-owned firms based off of publically available data.
Key points include:
- Veteran women are outpacing their non-veteran counterparts in terms of launching new businesses… However, veteran women-owned firms continue to bring in lower receipts than non-veteran women-owned firms.
- Women-owned firms often experience challenges with access to capital. Research has demonstrated that compared to men, women-owned firms start their business with nearly half as much capital as men.
- On average, compared to their male counterparts, veteran women business owners tend to be younger. Nearly half of all veteran male business owners were 65 years or older while only 10.5 percent of veteran women business owners were the same age.
Source: Veteran Women & Business: A Data Resource, National Women’s Business Council, November 2017 (PDF)