age of owner
DESCRIPTION
Age of Owner. Data from US Census’ Survey of Business Owners 2007. Education Level of Owner. Data from US Census’ Survey of Business Owners 2007. Minority Women-Owned Businesses. (in thousands). Data from US Census’ Survey of Business Owners 2007. - PowerPoint PPT PresentationTRANSCRIPT
Age of Owner
Data from US Census’ Survey of Business Owners 2007
2.30%
11.40%
22.20%
30.20%
23.20%
10.60%
Women-Owned Firms
<2525-3435-4445-5455-6465+
Education Level of Owner
Data from US Census’ Survey of Business Owners 2007
4%
21%
7%
18%8%
26%
16%
Women-Owned Firms
Less than HS
High School
Technical, Trade, Vocational
Some college, no degree
Associate's degree
Bachelor's degree
Advanced degree
Minority Women-Owned Businesses
Data from US Census’ Survey of Business Owners 2007
White African American
Hispanic Asian American Indian/ Native
Alaskan
Native Hawaiian/ Pacific Is-
lander
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000 6359
912 788 52397 15N
umbe
r of F
irms
(in thousands)
Growth of Minority Women-Owned Businesses, 2002 to 2007
Data from US Census’ Survey of Business Owners 2007
White African American
Hispanic Asian American Indian/ Native
Alaskan
Native Hawaiian/ Pacific Is-
lander
0
10
20
30
40
50
60
70
80
14%
66.7%
45.7%
54%
23.3%
41.4%
% G
row
th
Growth of Minority Women-Owned Businesses: Employee Firms, 2002 to 2007
Data from US Census’ Survey of Business Owners 2007
White
African
American
Hispan
icAsia
n
American
Indian
/ Nati
ve Alas
kan
Native
Hawaii
an/ P
acific Is
lander
-20-10
010203040506070
-4
18.8 23 28.9
-7.6
64
% G
row
th
Characteristics of Women-Owned Businesses: Geography
Data from US Census’ Survey of Business Owners 2007
30.6%-34.5%
28.8%-30.5%
24.8%-28.7%
22.1%-24.7%
Characteristics of Women-Owned Businesses: Industry
Data from US Census’ Survey of Business Owners 2007
Construction
Educational services
Arts, entertainment, and recreation
Real estate and rental and leasing
Administrative and Support and Waste Management and Remediation Services
Retail trade
Professional, scientific, and other technical services
Health care and social assistance
Other services
0200
400600
8001,000
1,2001,400
(in thousands)
Characteristics of Women-Owned Businesses: Industry
Data from US Census’ Survey of Business Owners 2007
(in thousands)
Management of companies and enterprisesUtilities
Mining, quarrying, and oil and gas extractionAgriculture, forestry, fishing, and hunting
InformationManufacturing
Wholesale tradeTransportation and warehousingAccomodation and food services
Finance and insurance
0 200 400 600 800 1,0001,2001,400
Characteristics of Women-Owned Businesses: Employees
Data from US Census’ Survey of Business Owners 2007
88%
12%No paid employees
Paid em-ployees
1-45-9
10-1920-4950-99
100-499500+
0 100 200 300 400 500 600
Of 12% with paid employees:
# of
em
ploy
ees
(in thousands)
Characteristics of Women-Owned Businesses: Receipts
Data from US Census’ Survey of Business Owners 2007
Less than $5,000
$5,000-$9,999
$10,000-$24,999
$25,000-$49,999
$50,000-$99,999
$100,000-$249,999
$250,000-$499,999
$500,000-$999,999
$1,000,000 or more
0 500 1,000 1,500 2,000 2,500
Sale
s/re
ceip
ts o
f firm
(in thousands)
Large Revenue Women-Owned Businesses
Data from US Census’ Survey of Business Owners 2007
• There are 141,502 women-owned firms with receipts of $1 million or more, just 1.82% of all women-owned firms.
• These large revenue firms generate total receipts of $835.7 billion annually.
• A full 97% of these firms are employer firms, employing 4.7 million people across the country with a payroll of $159.1 billion. These employer firms have average receipts of $6.1 million.
• Just 2.9% of these firms do not have any paid employees. They generate average receipts of $1.8 million annually.
Large Revenue Women-Owned Businesses: Industry
Data from US Census’ Survey of Business Owners 2007
Real estate and rental and leasing
Accomodation and food services
Administrative and Support and Waste Management and Remediation Services
Manufacturing
Health care and social assistance
Professional, scientific, and other technical services
Construction
Wholesale trade
Retail trade
0 10,00020,000
30,000
Number of companies
Large Revenue Women-Owned Businesses: Industry
Data from US Census’ Survey of Business Owners 2007
UtilitiesAgriculture, forestry, fishing, and hunting
Mining, quarrying, and oil and gas extractionEducational services
Management of companies and enterprisesArts, entertainment, and recreation
InformationFinance and insurance
Other servicesTransportation and warehousing
0 10,00020,000
30,000
Number of companies
Business As Primary Source of Income
Data from US Census’ Survey of Business Owners 2007
Yes No0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
All firmsWomen-Owned Firms
Initial Acquisition of Business
Data from US Census’ Survey of Business Owners 2007
Founded Purchased Inherited Transfer or Gift
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
All FirmsWomen-Owned
Source of Capital to Start/Acquire
Data from US Census’ Survey of Business Owners 2007
Personal/f
amily sa
vings
Personal/f
amily asse
ts other t
han savin
gs
Personal/f
amily home equity
loan
Credit Card
Government b
usiness
loans
Government-g
uaranteed
bank busin
ess loan
Bank Busin
ess Lo
an
Business
loan/inve
stments
from fa
mily/fr
iends
Investm
ent by v
enture capita
list(s)
GrantsOther
Don't Know
None needed0.00%
10.00%20.00%30.00%40.00%50.00%60.00%70.00%
All Firms Women-Owned
Source of Capital to Start/Acquire
Data from US Census’ Survey of Business Owners 2007
Personal/f
amily sa
vings
Personal/f
amily asse
ts other t
han savin
gs
Personal/f
amily home equity
loan
Credit Card
Government b
usiness
loans
Government-g
uaranteed
bank busin
ess loan
Bank Busin
ess Lo
an
Business
loan/inve
stments
from fa
mily/fr
iends
Investm
ent by v
enture capita
list(s)
GrantsOther
Don't Know
None needed0.00%
10.00%20.00%30.00%40.00%50.00%60.00%70.00%
Employer Firms Non-employer Firms
Amount of Capital to Start/Acquire
Data from US Census’ Survey of Business Owners 2007
<$5K $5K-$9,999 $10K-$24,999 $25K-$49,999 $50K-$99,999 $100K-$249,999
$250K-$999,999
$1M+0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
All Firms Women-Owned
Amount of Capital to Start/Acquire
Data from US Census’ Survey of Business Owners 2007
<$5K $5K-$9,999 $10K-$24,999 $25K-$49,999 $50K-$99,999 $100K-$249,999
$250K-$999,999
$1M+0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
40.00%
45.00%
Employer Firms Non-employer Firms
Source of Capital to Expand in 2007
Data from US Census’ Survey of Business Owners 2007
Personal/f
amily sa
vings
Personal/f
amily asse
ts other t
han savin
gs
Personal/f
amily home equity
loan
Credit Card
Government b
usiness
loans
Government-g
uaranteed
bank busin
ess loan
Bank Busin
ess Lo
an
Business
loan/inve
stments
from fa
mily/fr
iends
Investm
ent by v
enture capita
list(s)
Business
profits/asse
ts
GrantsOther
Don't Know
Did not exp
and0.00%
10.00%20.00%30.00%40.00%50.00%60.00%
All Firms Women-Owned
Seasonal or Part-time Business
Data from US Census’ Survey of Business Owners 2007
Operated less than 40 hrs per week
Operated less than 12 months
Seasonal business Operated occasionally0.00%5.00%
10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%50.00%
All Firms Women-Owned
*In 2007, did any of the following characteristics describe the activity of this business?”
Seasonal or Part-time Business
Data from US Census’ Survey of Business Owners 2007
Operated less than 40 hrs per week
Operated less than 12 months
Seasonal business Operated occasionally0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
Employer Firms Non-employer Firms
*In 2007, did any of the following characteristics describe the activity of this business?”
Types of Customers*
Data from US Census’ Survey of Business Owners 2007
Federal gov't State or local gov't Other business or organizations Individuals0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
All Firms Women-Owned
*”In 2007, which of the following types of customers accounted for 10% or more of this business’s total sales of goods and/or services?”
Benefits of Employer Firms
Data from US Census’ Survey of Business Owners 2007
Health in
surance
Contributions t
o retirement p
lans
Profit sharin
g or stock
options
Paid holidays,
vaca
tion, or s
ick le
ave
None of the above
0.00%10.00%20.00%30.00%40.00%50.00%60.00%
All Firms Women-Owned
*”In 2007, which of the following employee benefits were paid totally or partly by this business?”