Most Women Business Owners Make Less Than $50K A Year, We Need Change

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Melissa Houston, CPA covers business and personal finance impacting women entrepreneurs. With her CPA designation and over 20 years of practical experience, Houston is widely regarded by her expertise in financial management. Houston shares her knowledge and experience with Forbes.com readers and has done so since August 2020.

Women entrepreneurs have been advancing significantly in business. More women than ever are starting their own businesses, bringing fresh perspectives, innovative ideas, and a powerful drive for success.This income disparity is alarming and needs to be addressed.reveal a stark reality: a significant percentage of women-owned businesses generate less than $50,000 annually.

The bottom line is the fact that most women business owners are making less than $50,000 a year is a clear indication that there’s still work to be done in achieving true gender equality in entrepreneurship. By addressing the barriers that contribute to this income gap, we can create a business environment where women not only survive but thrive..

The opinions expressed in this article are not intended to replace any professional or expert accounting and/or tax advice whatsoever.Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.

 

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