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Challenges Faced by Women in Business

Cassandra Harrington. 2.2 Writing Notes. Is it harder for a man or woman to open a business? It would seem harder for a woman to open and maintain a business in today's world than a man. My argument and opinion are that men have it easier based on gender and not proper work ethics. Men will find funding and investors easier than women, and because of this, women struggle in their first few years with higher failure rates. With my future business degree, I want to open my own business. To be my boss and do what I love, knowing the gender bias startup ratio has been concerned. Statistics indicate female-owned businesses grow slower and earn less yearly than male-owned. Research shows that men think more about their careers and profit growth while women think about vendor, client, and employee relations. This would indicate "success" factors. Women are seen as overly emotional, less educated than men, and in over their heads when going into the business world, all perceptions that gauge a women's success in the business world. This shows why men own more businesses or have easier access to opening and maintaining one. Women are often overlooked and put on the back burner with a very male-dominated business world or men receiving more notoriety in innovations. Investors favor men more than women for an alarming number of stereotypical reasons. "For each woman, there are four men named James, William, Robert, or John running an S&P 500 company." (The Entrepreneur). "For minority women entrepreneurs, the issues are further exacerbated. Black women own 1.5 million businesses in America that generate about $44 billion per year. However, black females only obtain 0.2 percent of venture capital investment dollars." (The Entrepreneur) The audience I am targeting would-be business owners, those going into business, and Investment companies. People should take a harder look at the deciding factor as to why a man or woman would be more successful and why men tend to own more businesses. A person's business should not be defined by their gender, but by what they bring to the table. A new product that could save lives, the revenue that will be produced, the longevity the company can stand for. Even with facts and evidence to support my claims, there will still be biased opinions because not everyone is ready to see the difference yet. I hope to show the way people perceive female-owned businesses, whether online or in-store, and the energy they have to give to make it. To possibly change the way we see female vs. male ownership. That it is not about one gender or the other but how unequal it is in a world where equality mattes most. It is not about female power or feminism, but the right to have the same advantages men seem to have in being successful. "Not only do women have to demonstrate a great business plan, have excellent credit, and demonstrate solid cash flow, they must also successfully navigate throug