An Overview Of Economically Disadvantaged Women-Owned Small Business

الخميس، 14 يوليو 2016

By Harold Reed


In the recent global economic activities, women have been playing a vital role in ensuring the economy of a country remains at the peak. They are the largest source of the labor force in the world mostly in the agricultural sector. Their economic contributions in the world remains to be unrecognized. Gender based constraints will always limit their role in participating in the growth of the economy. These gender based constraints will affect them differently since they are a diverse group ad live in various contexts. This article gives an overview of economically disadvantaged women-owned small business.

Women are not active in the recent world and are venturing into all the enterprises that are profit generating. They pose competitions to their counterparts who have been in the industry for long and with experience. Their main aim is to get a lot of money as much as possible thus making their lesser commerce grow big. US small business administration always help these minor enterprises.

For these maintained enterprises to be considered minor, a majority share of 51% must be of females, who owns and regulates it directly and unconditionally. The owners must be United State of America citizens either by birth or naturalization and must be economically disadvantaged. A disadvantaged individual in this state is one whose individual net value is less than $ 750,000 and a fair value of her asset estimated to be below $6 million.

For you to be considered to be part of this group, you will need to prove your eligibility. This is according to the rules and regulations laid down by SBA. It is the duty of the government to come to the rescue and help all these small enterprises to flourish to ensure a proper sustainability of the economy. If the state you are in supports this program, then you can as well go into this services.

Opening a commercial enterprise of you own will require that you consider some factors and options first before venturing in. You will always be given options. The best you can select is the communication sector. Any industry which a woman runs will always have these communication solutions. They will ensure a successful enterprise. Most of the amenities offered range from systems of phones and repairing of telephones.

In this fast commercial world having a good communication system will be of great help to you. Having a communication system installed in your premises will save you from hustles of reaching your clients who might be far.

Communication solution is a wide spectrum. Your women owned lesser enterprise is not only subjected to offering the basic services which include telephone repair and systems of phones, but there are also other options to specialize and work on that are profitable. A spectrum of communication in minor maintained enterprises is like voice mail and audio equipment.

You should make sure your small business strives to be a successful enterprise. For this to happen ensure that you have good customer relationship and correct commercial, ethical values. This basic will ensure your commercial to be a success.




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