Women's eNews (https://womensenews.org/author/laura-koss-feder/)
Income tax day is around the corner and this is a time when many people decide that, next year, they will get a pro to help plan their finances. Many women seek out female advisers who, after years in corporate jobs, have set up their own shops.
A boom in federal spending after Katrina and Rita is bypassing female entrepreneurs. A coalition of female-owned businesses is hoping to change the rules so that women get a bigger share of the government-contract pie.
Whether they need $1000 or $80,000 to start a medical practice or expand a spa, many women have trouble tapping banks for credit. Instead, community development financing institutions often come through.
As women start their own businesses at a growing rate, those over 40 are a big part of the trend. While some veer off into a totally new direction and blaze new career paths, others build consultancies out of the old 9-to-5 routine.
Women of Asian origin say they face particular difficulties in climbing the corporate ladder and are less likely to benefit from diversity programs in U.S. companies.
A new report says Hispanic women encounter stereotypes and a lack of mentoring in the workplace. In addition, they often have difficulty balancing family obligations.
Female-owned small businesses offer an investment haven from the economy’s doldrums, according to a recent study. That could be good news for female entrepreneurs, often reliant on credit cards, family and friends for capital.
Increasingly, women are using their entrepreneurial skills to break into traditionally male fields, including chemical manufacturing and construction.
A new study shows an increase in the number of women holding corporate officer positions at Fortune 500 companies. Some say the data suggests women are rising above the proverbial glass ceiling.
At year’s end, many women are preparing to take stock of their retirement savings after a year and some of a dreary economy. Yet a new study reveals that most women do not believe they have the know-how to adequately assess their needs.