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Women-Owned Businesses; 10 Million Strong!

“Selling my business with you was so easy!  After dealing with the frustration of trying to sell my business myself, I'll never try to sell my other company without you! In fact, I have referred you to a fellow business owner so he can focus on running his business and not on trying to do something he has no experience with.” 

 

                                                          -K. Thompson, CEO,

                                                                  Mad Rags, Inc.

 

Top Facts About Women-Owned Businesses

 

  • 10.6 million firms are at least 50% women-owned.
  • Women-owned firms generate $2.5 trillion in sales.
  • Women-owned firms employ 19.1 million people.
  • Forty-eight percent of all privately-held firms have at least 50% female ownership.

  • Between 1997 and 2004, the estimated growth rate in the number of women-owned firms was nearly twice that of all firms at 17% versus 9%
  • During this period, women-owned firms diversified into all industries, with the fastest growth in construction, transportation, communications, public utilities and agriculture.
  • Based on 1997 to 2004 data, Utah, Arizona and Nevada are the fastest growing states in terms of the number of women-owned firms, female employment and sales to women.

 

Source: Center for Women's Business Research.  For more information, visit www.nfwbo.org

 

"When I first entered the business brokerage industry, I looked around the firm with which I was affiliated and the association of business brokers that I belonged to, and realized that there were very few women!  After doing a little research, I learned that the typical business broker is a 54 year old male, which made sense in the past because that was also the profile of the typical business owner. 

 

Today, women own over 10 million firms, generate over $2.5 trillion in sales and employ 19.1 million people! So when the time comes for a woman business owner to sell her "other baby", she deserves to work with a broker who understands not only her business life, but her whole life as well. 

 

In addition to my business brokerage experience, I sat on the board of NAWBO (National Association for Women Business Owners), and previously produced and hosted a local cable television show featuring women business owners called Prerogative.

 

As a broker, wife and mother of 3, I have personally and proudly represented over 75 women sellers and buyers of businesses."

 

-Julie White, Principal, BlueKey Business Brokerage M&A

Founder, Network of Women Business Brokers & Intermediaries

 

 

If you are interested is selling your company,

contact our women-owned business

specialist directly:

 

Julie Gordon White

510.215.5155x701

jegwhite@bluekeybma.com

 

 

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