Women facing ‘really, really challenging’ barriers while running a business

The lack of knowledge of financial literacy and concerns about understanding the economy such as “cashflow” and “payment types” for businesses have become barriers people face when operating a business Ms Thyer says.

“Aussie women, we actually now have the second highest gender financial literacy gap in the G20 countries,” Ms Thyer told Sky News Australia. “We are always concerned about any barriers and any challenges women have that surround their participation in the economy … 1 in 2 new small businesses are being started by women or being led by women.

“Most people men or women that go into small businesses … they go into business because they are passionate about something or they have an opportunity to do something with their day job they are really excited about. “We really need to understand, especially as women, what our exposure to financial risk is, if we ever, for example go on to partner or take time out to have children … there’s some really serious financial implications of a bunch of these decisions, that especially young women need to be empowered to navigate with confidence.”

Oh man it's the gender pay gap again. Quick call the WNBA and USA lady soccer. Omg so scary.

But what is a woman anyway?

You know who else is facing really, really challenge’s running a business? Everyone who runs a business

Really really?

Woman need to find themselves again. This is NOT what you should pursue! Where has it got you? Competing with men and now trans women. Remember who you are. Reject the modern cult.

If I was a career woman in today's timeline, I'd smash it much better than a guy could. There's so many more excuses...

REALLY REALLY... There's ya problem.

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Declining financial literacy is a ‘real concern’ for business ownersHead of Account at Intuit Quickbooks Australia Shaye Thyer says the declining financial literacy is a “serious issue” and a “real concern” after a new study showed financial literacy is the biggest barrier for business owners. “Financial literacy is what I think of as a baseline understanding of the things we need to know as humans to run our life in a world that is powered by financial things,” Ms Thyer told Sky News Australia. “We actually have quite a serious issue of declining financial literacy for men and women.” Well if they taught financial literacy in schools, rather than teaches kids how to get a job and work for someone else rather than being an entrepreneur. It’s wouldn’t be so poor. It’s like this for a reason I ran a home business in the UK supplying products to other small businesses. The number of people that had the money and a dream but zero acumen was stultifying. Not just a financial ignorance problem the established business people saw them coming.
Source: SkyNewsAust - 🏆 7. / 78 Read more »