With time the movement to promote gender equality in the field of workplaces has gained remarkable success. Today many women are given equal opportunities to express their talent at workplaces. This not only symbolizes forward motion of the positive movement but has also opened gates to various opportunities that can be taken advantage of. With such a progressive attitude, today women and men are holding the sky together.
The determination, vision, leadership and persistence of a woman can undoubtedly help in economic growth. According to a study made by the McKinsey Global Institute, promoting the equality of business related chances provided to women can add up to $12 trillion dollars to the global economy. This can be the perfect replacement to governments searching for foreign direct investments and their reliance on tax cuts for economic growth.
The Global Rise of Female Entrepreneurs
Female entrepreneurs have added a huge number of dollars to the global economy and are currently gaining great media attention. It is a foundational economic force that shall reshape the world soon in a positive way if given more opportunities in the business world run by men.
- Increased Job Opportunities
A survey by GEM shows that 112 million of female entrepreneurs provide employment to one or two people. 12 million of female entrepreneurs are expected to employ upto six people in the next five years. This provides about 72 million job opportunities to people.
- Innovation
In regions including The United States and the developed Europe, women are found to have an increased level of innovation as compared to the males. This is also once again information gathered from surveys.
- Reinvestment of Profit
According to surveys, women reinvest a surprising amount of ninety cents over every dollar of excessive income in human resources.
Inequalities In The Business Field
When talking about comparison of opportunities provided to men and women in the business world, various inequalities are highlighted. As it was stated in the world economic forum in 2019 that a woman gets paid only fifty four cents for the same job that offers a man one dollar. Other than this, people prefer to invest in businesses that are run by men rather than those run by women. These statistics sharply cut those that show the research highlighting women founded and co founded businesses greatly excelling in comparison to the male ones. This shows vividly that the Female entrepreneurs UK are greatly underestimated by investors regardless of the surprising results that they show.
Loans/ Funds To Support Female Entrepreneurs
The importance of women in economic growth of a nation is as important as that of men. This is why it is necessary that we trust women ideas in the field and provide them with equal opportunities to show their skills. Providing support to women entrepreneurs is really necessary so that their business can also excel at a good rate. Not that without the aid of funds, women can not make their mark. they have been and they can but that is a time consuming process. In order to fasten up the process of economic growth, funds are necessary. Women still need to struggle with getting loans to support their business plans. Ideas that show female audiences are often overlooked. With many people entering the field having broad views, many women are now getting the funds that they have been looking for.
In this way they are progressing at a fast and steady rate every other day. If you are a woman with broad ideas and is looking for a company that can support your ideas then look for the one that offers a lower interest rate, quick access to business funds, financial freedom, fixed monthly repayments and easy application.
