Member Article

Men more likely to start a business

The male/female divide is still present in the entreprenerial world, according to recent research.

Women are only half as likely to start their own business as men, a study from the Women’s Enterprise Task Force (WETF) found.

The research also found that by the time new businesses have been established for two years and set on a growth path, just 13% of companies are owned by female entrepreneurs.

Despite the relative lack of female owned firms, businesses run by women contribute £130bn per annum to the UK economy and experience similar growth patterns and turnover as companies owned by men.

This was posted in Bdaily's Members' News section by Ruth Mitchell .