How a female entrepreneur can level the playing field

Fact 1: The world of business is largely male-dominated, even if statistics show a general increase in number of female-owned businesses. According to the Global Entrepreneurship Monitor (GEM), the global number of women in business increased by 10 per cent in 2017. The highest rates of female entrepreneurship were seen in Sub-Saharan Africa at 11.3 per cent followed by Asia at 9.1 per cent.

Fact 2:  Women mostly own small, informal businesses. The same research showed that globally, only 6.2 per cent of women entrepreneurs own established businesses – about two thirds the rate of men. GEM defines established businesses as those that have been in operation for more than 42 months.