Women’s History Month is a great time to recognize women business owner’s

March 11, 2013

Women-owned businesses are growing. And it looks like 2013 is the year of the female entrepreneur.

Each year, March kicks off Women’s History Month. It’s a time when women are recognized for their invaluable contributions to society. This month, we’re taking the opportunity to recognize women who are small business owners. American Express OPEN has a great infographic showing how quickly the number of women-owned businesses have grown and highlighting their goals and journey as they build their businesses.  Today  there are over eight million women-owned businesses, an increase of 54% over the last 15 years. Women-owned businesses have generated almost $1.5 trillion dollars in revenue. These women are making a lasting impact on the economy by creating jobs and providing products and services highly sought out by consumers.

This year, the National Association of Women Business Owners (NAWBO) and Web.com released a survey asking over 500 women entrepreneurs what they expect in the year ahead. It looks like 2013 is the year of the female entrepreneur. Many of those surveyed are expecting even more success this year than last. Here at Hiscox, we’ve recognized the power of female entrepreneurship before. Lori Shannon, founder of See Jane Run, shared why she pursued entrepreneurship in the My Startup Story video series. This month on the Hiscox blog, we’re highlighting women business owners who’ll share how they got started and what strategies they’ve used to grow their businesses. They’ll also share some tips on how you can do the same. Check back later this week for our first feature.