The statistics reveal a significant increase in the number of businesses started by women.
According to a survey by Gusto, a HR services company, 49% of new businesses started in 2021 were by women, compared to 28% in 2019. In 2020, 21.4% of all US businesses were owned by women, according to the US Census Bureau, which employed 10.9 million people.
These figures indicate the growing presence of women in an area previously dominated by men.
Choosing a business to start depends on various factors, such as market demand, low start-up costs, and flexibility. Here are some ideas for businesses suitable for women entrepreneurs to start in 2023.
Ecommerce is an option, offering a vast selection of products, and can be run from home with dropshipping. Social media management is also a lucrative market with businesses requiring assistance to develop a social media strategy.
Freelancing is another opportunity, with a growing number of freelancers, now over 70 million in the US, and a potential to earn between $20 and $100 per hour.
Online education is becoming more popular, with an expected revenue of over $166 billion in 2023.
Creating courses on specialist subjects is an option here. Consulting is an option for those with experience in business or technology.
Lastly, for those who possess exceptional organizational skills, professional organizing is another business idea worth considering.
