Female entrepreneur numbers Increasing

May 30 2008

“More women are start their own business”

The fact that more women are choosing to start their own business is 'really good news', says the Federation of Small Businesses (FSB).

According to the organisation, the number of women running their own start-ups is 'increasing rapidly'.

A spokesperson for the FSB says that women tend to found their own firms later in life, for example in their 30s or 40s.

He comments: 'It's becoming something that is quite possible to do and it's a bit easier for women to balance work and life, perhaps, than it was and you can do that a bit more easily if you're working from home in particular.'

The spokesperson adds that the self-employed sector has until now been relatively male-dominated and explains that 'the situation appears to be changing quite fast now'.

According to the 2006-07 Annual Small Business Survey, the 'vast majority' of SMEs are led by men, with only 14 per cent led by women or by a management team mainly composed of females.

Small Business, Octavia House, 50 Banner Street, London, EC1Y 8ST. All Articles and Content Copyright ©2007 by Vitesse Media Plc. All Rights Reserved