For entrepreneurs, it’s hard to find cash to invest outside their business

Many women entrepreneurs need to use all their money to fund their businesses, and as a result they put off saving for the future and retirement.Catherine Graham spent almost a decade running two businesses side-by-side. But as she grew these enterprises, Ms. Graham was keenly aware of what she wasn’t building: her personal investment portfolio.

Many entrepreneurs face the challenge of trying to save and invest while growing a business. But the problem appears to be more common and acute among women business owners who, as studies show, often can’t get funding and tend to pay themselves lower-than-market incomes. “I think it’s because they are trying to make really, really good decisions to try and catch up,” says Ms. Steinfield.

“When a woman is on the investing team, women entrepreneurs are more likely to be funded than if there are no women on that investment team,” she says. “And while they’re under-invested in, women as an asset class are overperforming, so we’re looking at it as a very opportunistic financial opportunity.”

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Small Business Minister talks shop with local entrepreneursVisiting the Sault, Rechie Valdez sits down Wednesday morning with Sault MP Terry Sheehan and local business owners to discuss social issues, taxes and labour shortage
Fonte: SooToday - 🏆 8. / 85 Consulte Mais informação »

Allstate to sell its employer voluntary benefits business to StanCorp for $2 billionInsurer Allstate has agreed to sell its employer voluntary benefits business to StanCorp Financial Group (The Standard) in a $2 billion cash deal, the...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »