NAWBO is proud to serve as the voice of the nation’s over 10 million women-owned businesses and represent women entrepreneurs in all sectors, sizes and stages of development and at the local level members are encouraged to engage actively with their local chapter to gain access to other women business owners, leadership development and community development. The diversity in our membership strengthens our voice across the country as all women entrepreneurs are encouraged to bring their expertise and insight to the table.
NAWBO members are:
Business Size: Businesses owned by NAWBO® members are larger than the average women-owned businesses in terms of number of employees. Sixty-eight percent have employees; of which 17 percent have 10 or more employees.
Revenue: Twenty-five percent of NAWBO® members make more than $1 million in annual sales; and 34 percent make more than $500K.
Age: Seventy five percent of NAWBO® members are over the age of 45; and 25 percent are in the 35-44 age group.
Education: Generally, NAWBO® members are very well educated with 39 percent with post-graduate degrees.
Access to Capital: As with the general women-owned firms, many NAWBO® members access capital through credit cards and personal family savings. Fifty-eight percent use credit cards and 37 percent utilize private and family savings to fund their business.
Industry: Thirty-five percent, the highest number, of NAWBO® members belong in the Professional, scientific and technical services sector.
Years in Business: NAWBO® members have owned their business for an average of 10 years.
* Results from the 2011 NAWBO Member Demographics Survey
