A global survey from French bank BNP Paribas and consultancy firm Scorpio Partnership found that women might not own as many businesses as men do. But it seems that their businesses tend to be more successful. Further, U.S. Businesses run by men are 3.5 times more likely to cross the $1 million threshold then businesses run by women, a 2014 study (PDF) by Ernst & Young concluded.
Read the entire article: Women-Run Businesses Make More Money -- Or Do They?
Screenshot courtesy: The Scale-up Agenda - Ernst & Young
Showing posts with label Ernst & Young. Show all posts
Showing posts with label Ernst & Young. Show all posts
Monday, December 08, 2014
Monday, November 24, 2014
Article of Interest: What Are the Reasons For Gender Disparity?
Is there a gap between what men make versus what women make when running a business? According to a 2014 report by Ernst & Young, there sure is.
Read: Why More Women-Run Businesses Aren't Making Millions
Screenshot courtesy: EY
Male-run businesses are 3.5 times more likely to surpass $1 million in sales than their female-run counterparts and only 2% of women-owned companies ever break the million-dollar mark, according to a 2014 report by Ernst & Young. "Women start businesses at nearly twice the rate of men, but far fewer of them actually scale," says Kerrie MacPherson, a partner principal at Ernst & Young.What are the reasons for gender disparity?
Read: Why More Women-Run Businesses Aren't Making Millions
Screenshot courtesy: EY
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