Did you know that there are more than 9.1 million businesses owned by women in the United States? These businesses employ nearly 7.9 million people and generate $1.5 trillion in revenue.
With women creating 1.5 times more businesses than the national average between 1997 and 2015, it’s clear that women business owners are a powerful force driving America’s economy. And that is more true in some states than in others.
American Express OPEN recently released the results of the 2015 State of Women-Owned Businesses Report. It reveals the best cities and best states for female business owners. The report also mentions other encouraging news, like the growth in minority-owned women’s firms.
No matter where you have (or will open) your business, you’ll want to make sure it’s properly protected with the right business insurance. Talk with an insurance professional like an Erie Insurance Agent to learn more and to get a free quote.
Read the full story from Erie Insurance: “The Best States for Female Business Owners“