This Women's History Month, let's do more than celebrate the incredible achievements of women throughout history—let's also show our support for women-owned businesses. Although women are still generally underrepresented as entrepreneurs, their presence in business continues to grow. As customers and consumers, we can honor this progress by supporting the many incredible women-owned businesses.
Women-owned businesses have long been a powerful force for progress and positive societal change. This Women's History Month, it's time to spotlight the many inspiring female entrepreneurs and business owners who have helped shape our world.
Women-owned businesses are an essential source of economic empowerment for women and their families. According to the 2019 State of Women-Owned Businesses Report, there are an estimated 12.3 million women-owned businesses in the United States. These businesses employ nearly nine million people and generate over $1.9 trillion in annual economic activity.
Women-owned businesses have a demonstrated and lasting impact on the U.S. economy. But their contributions are far more significant than just economic. Women-owned businesses are often powerful engines for positive policy change, catalysts for fostering positive community relationships, and sources of inspiration for other women who wish to start their own businesses.
This Women's History Month, let's take a moment to recognize the critical contributions of women-owned businesses. Here are a few ways you can show your support:
• Purchase from women-owned businesses. Take the time to research and support businesses owned by female entrepreneurs. Visit local women-owned businesses, shop online, and look for products and services from female business owners.
• Spread the word about women-owned businesses. Encourage your friends and family to shop at women-owned businesses and share information about women-owned businesses on social media. Advocacy has power, and your voice can help make a difference.
• Volunteer your time, energy, or skills to a female business owner. Women-owned businesses often struggle to access capital and resources, so the support of volunteers can be invaluable. If you have the time or skills to donate, contact a female business owner or organization and see if they need your help.
By taking action and showing your support to women-owned businesses during Women's History Month, you can help create a more equitable and prosperous future.
Whether shopping in an independent female-run shop, donating to women-led organizations or celebrating female-led businesses on social media, there are many ways to show appreciation and support. Every action we take can make a difference. Supporting women-owned businesses is essential in building a more diverse and inclusive economy. So let's join together and make an impact this Women's History Month by showing our support to these pioneers in the business.
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