Our report into the main challenges faced by women business owners
Four in five women business owners have experienced sexism, gender inequality and unequal access to opportunities whilst running their business, according to new research from Simply Business.
Following a survey of more than 900 women business owners, we’re shining a light on key challenges, barriers to growth, as well as opportunities to drive change.
Key challenges for women
in business
Fewer than one in three small businesses in the UK are run by women* – but what’s holding them back? Our survey of more than 900 women who run their own businesses highlighted some of the key barriers they face.**
47%
Managing their health and wellbeing.
1 in 3
Childcare or family responsibilities.
45%
Funding or access to funds.
One in four have had to put their business plans on hold due to the cost-of-living crisis
92%
women business owners say more government support is needed.
What needs to be done to tackle gender inequality in business?
We asked over 900 women about their thoughts, concerns, and aspirations for their businesses. Our survey revealed five key areas that will help to level the playing field for women in business. And our Women in Business community group is free to join for support and inspiration.
1. Accessible, affordable childcare, available to all. So that women don’t have to choose between caring for their family and running their business.
2. More support for the self-employed when pregnant – so that men and women can both take the necessary amount of maternity and paternity leave.
3. Greater access to funding, enabling women to scale their businesses in a way that matches their ambitions.
4. Greater awareness of the impact of the perimenopause/menopause – and more support for those experiencing it.
5. More training, networking, and mentoring opportunities – so that women are equipped with the tools they need to grow their business.
Tips for growing your business
Two inspiring female founders, Harpreet Kaur and Lucy Hitchcock, share their tips on how to build a brand and supercharge your business. Download this guide for practical resources and an editable business worksheet to help you find your purpose and set new goals.
Free resources for small business owners
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