Monday, July 6, 2009

How Women-Owned Businesses are Surviving the Recession

Women are starting businesses at rapid rates and thriving, despite the economic downturn. According to a recent study conducted by Florida International University’s Center for Leadership and The Commonwealth Institute of South Florida, women-owned businesses are doing better in the recession than most.

Key Factors:
* Women traditionally take on less debt and thus have more flexibility during tough times.
* Women also try to strategize and reach out instead of jumping to cost-cutting measures.

This is exactly the route Rachel Sapoznik, CEO of Sapoznik Insurance, took to grow her business without eliminating staff. See the full story on how Sapoznik’s and other women business owners’ determination and networking led to success in hard times.

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7 comments:

Baskets by Bonnie said...

Great story. We remain cautiously optimistic about the future and are being proactive. So many companies that are taking cost-cutting measures such as layoffs, are creating self-fulfilling prophecies.

Nice to hear that women-owned businesses are set to lead us into recovery!

jestinemagness said...

如果你不思考未來,你便不會有未來..................................................

感冒 said...

Everyone fastens where there is gain.........................................

蜘蛛 said...

逛到你的部落格,第一個感覺就很好,希望每次更新都是美好的開始,也祝你天天都都開心喔 ..................................................

踢人 said...

過去的事早已消失,未來的更是渺不可知,只有現在是真實的。........................................

rtfgvb7831 said...

IS VERY GOOD..............................

Horace said...

Fantastic!