Archive for September, 2007

According to the latest data from the Center for Women’s Business Research, women-owned firms employ nearly 13 million people and generate $1.9 trillion in sales.

Analyzing data provided by the U.S. Bureau of the Census, the Center projects the following statistical portrait of privately-held women-owned businesses.

50% or More Women-Owned Businesses, 2006

As of 2006, the Center projects that as of 2006, there are an estimated 10.4 million privately-held, 50% or more women-owned firms in the U.S., accounting for two in five (40.2%) of all businesses in the country. These firms generate $1.9 trillion in annual sales and employ 12.8 million people nationwide.

Majority (51% or more) Women-Owned Businesses, 2006

As of 2006, there are an estimated 7.7 million 51% or more women-owned firms, accounting for 29.7% of all businesses in the U.S. Majority (51% or more) women-owned firms in the U.S. generate $1.1 trillion in annual sales and employ 7.2 million people nationwide.

Between 1997 and 2006, the percent growth in the number of 51% or more women-owned firms was nearly twice that of all U.S. firms (42.3% vs. 23.3%). Employment among 51% or more women-owned firms grew 0.4%, and annual sales grew 4.4%.

Industry Breakdown

The largest share of 51% or more women-owned firms is in the service sector. More than two-thirds (69.0%) of these firms (5.3 million) are in services; 14.4% (1.1 million) are in retail trade; and 7.7% (0.6 million) are in real estate, rental, and leasing.

From 1997 to 2006, the greatest growth among 51% or more women-owned firms has been in:

  • Wholesale trade (283.4% growth);
  • Healthcare and social assistance services (130.0% growth);
  • Arts, entertainment, and recreation services (116.8% growth); and
  • Professional, scientific, and technical services (82.7%).
  • admin

    74 days and 1 Million iPhones

    Apple announced that that it sold its one millionth iPhone yesterday, just 74 days after its introduction on June 29.

    “One million iPhones in 74 days—it took almost two years to achieve this milestone with iPod,” said Steve Jobs, Apple’s CEO. “We can’t wait to get this revolutionary product into the hands of even more customers this holiday season.” Which is why many suppose the price has dropped $200. Which at $300 for the 4 gig and $400 for the 8 gig isn’t that unreasonable. Much respect for the Apple marketing geniuses. First they planted the seed, got people talking and dreaming about how sweet it would be to combine an iPod and cell phone and then the selling frenzy and now this announcement. I don’t have any figures for the marketing budget for the iPhone, but I dunno if it was necessary at all.

    In other iPhone news, it’s been confirmed that this iPhone unlock software works. The bad news is that if you want to build a business around selling unlocked iPhones, it’ll cost you $99 per iPhone. Maybe they’ll put something in place for that?

    The Republican from Wisconsin, U.S. Rep. Jim Sensenbrenner, already a millionaire and a heir to the Kimberly-Clark Corporation won the lottery again for the 3rd time. It wasn’t alot of money, but still. This is his 3rd time. So his net worth is about $11.6 million and he’s an heir to this successful corporation, why is he still scratching lottery tickets? These politicians sound all iffy to me.