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Topic: |
Business
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Number of pages / Number of words: |
6 / 1451 |
Essay's paper body
Klein, "The Capital Gender Gap" which confers that despite the health and proliferation of female owned businesses, women use less commercial credit, and rely more on business earnings as their primary funding source. This conclusion was reached due to a study conducted to measure key trends in business financing, capital availability, and equity capital for women business owners over the past decade...
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According to the study, 20% of female business owners used commercial credit in 1996, and by 2003, this figure was up to 34%. Another interesting observation was that "as of 2004, women control about half of the 20 million privately owned businesses nationwide, and the number of women owned businesses is growing twice as fast as the number of male owned businesses...
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