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Research Intelligence for WBC Leaders: 3 Must-Have Reports Julie R. Weeks Womenable. #1: The Latest National/State Trends. An analysis of key national trends over the past 14 years, as well as trends by: State Industry Size of firm.
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Research Intelligence for WBC Leaders:3 Must-Have Reports Julie R. WeeksWomenable
#1: The Latest National/State Trends • An analysis of key national trends over the past 14 years, as well as trends by: • State • Industry • Size of firm
Number & Revenues of Women-Owned Firms Growing SteadilyEmployment Up Only 8% Over Past 14 Years # Firms, Employees (Millions) Firm Revenues (Billions) Sources: 1997-2007, Census Bureau. 2011 estimates, American Express OPEN/Womenable.
Growth in Number of Women-Owned Firms Exceeds National AverageBut Women-Owned Firms Lag in Employment/Revenue Growth % Change, 1997-2011 American Express OPEN/Womenable estimates as of 2011, based on 1997-2007 data from US Census Bureau.
Women Own Nearly 1 in 3 US BusinessesYet Contribute a Much Smaller Share of Employment, Revenue % Share, 2011 American Express OPEN/Womenable estimates as of 2011, based on 1997-2007 data from US Census Bureau.
Health/Educational Svcs Top Industry for Women, Construction for MenWomen Close to Nat’l Avg (29%) in Most Other Industries 29% among all industries % Share Women-owned w/in Industry American Express OPEN/Womenable estimates as of 2011, based on 1997-2007 data from US Census Bureau.
#2: The Latest AWBC Research • The impact of WBCs: social and economic • Efficiency and effectiveness • Diverse clients, needs, services
WBCs Served Nearly 200,000 Clients in FY2010 • SBA EDMIS figures do not fully capture impact • WBCs have 5:1 ratio of volunteers to staff • Estimated impact of WBC client firms: $1.3 billion!
WBCs Serve a Wide Variety of Clients • Fully 1/3 are established business owners • 58% socially/economically disadvantaged • 39% persons of color • 19% are men
Impact of WBCs IncreasingDespite Flat Funding & Number of WBCs # of Clients Annually Number of WBCs ?? ?? Year Data courtesy of US SBA
WBC Impact Has Increased Significantly Over Past Year • Total businesses created: 13,301 • Total jobs created: 36,578 • Gross revenues of assisted firms: $1.3 billion US Total, FY10 Per Center Avgs.
#3: Your Own Research • Client characteristics • Volume, outcomes • Services provided • Client feedback, needs • Trends over time