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Financial constraints are known to be an age old challenge for entrepreneurs and are deemed to represent one of the highest barriers for businesses looking to start up and grow. It becomes an even bigger issue for women entrepreneurs because according to a report by IFC, the average growth rate of women’s enterprises is significantly lower than the average growth rate for SMEs run by men. A number of factors have been investigated as contributing to the slow growth of women-owned businesses, such as;
Financial constraints are known to be an age old challenge for entrepreneurs and are deemed to represent one of the highest barriers for businesses looking to start up and grow. It becomes an even bigger issue for women entrepreneurs because according to a report by IFC, the average growth rate of women’s enterprises is significantly lower than the average growth rate for SMEs run by men. A number of factors have been investigated as contributing to the slow growth of women-owned businesses, such as;Financial constraints are known to be an age old challenge for entrepreneurs and are deemed to represent one of the highest barriers for businesses looking to start up and grow. It becomes an even bigger issue for women entrepreneurs because according to a report by IFC, the average growth rate of women’s enterprises is significantly lower than the average growth rate for SMEs run by men. A number of factors have been investigated as contributing to the slow growth of women-owned businesses, such as;