Female owner-managers less ‘bullish’
Nov 10 2009
Women entrepreneurs are less optimistic than their male counterparts about predicting their company’s growth.
Some 7 per cent of female entrepreneurs expect to see in excess of 50 per cent growth for their businesses this year, compared to 14 per cent of men, according to advisory firm Deloitte.
Debbie Griffiths, entrepreneurial business partner at Deloitte, says: ‘Expectations amongst women entrepreneurs are relatively guarded at this point, a sentiment that is only heightened when compared with the confidence displayed by their male counterparts.
‘However conservative this outlook may seem, growth remains a key theme for many female-led organisations. One would hope that as the wider economy stabilises, a more bullish stance will emerge.’
Of the 260 polled, 26 per cent of women entrepreneurs expect economic recovery to begin in the first half of 2010, compared with 37 per cent of men.
According to a survey by Vodafone, one in ten female workers said they were having to learn more as staff numbers have been cut, compared to just one in twenty men.
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