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  2. 14 million women-owned businesses

    There are more than 14 million women-owned businesses, employing nearly 12.2 million people and generating $2.7 trillion in revenue (2024 Impact of Women-Owned Businesses report). Women-owned businesses make up 39.1% of all U.S. businesses – a 13.6% increase from 2019 to 2023.
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    What are some examples of women-owned businesses?Women-owned businesses make up 21.4% of all employer businesses, and that share has been ticking slightly upward in recent years. Examples of prominent women-owned businesses include Panda Restaurant Group, the umbrella corporation that operates the Panda Express chain, and The Wonderful Co., which sells a variety of food and beverage brands.
    How many women-owned businesses are there in the US?You can opt-out at any time. In recent years, we've seen an increase in women-owned businesses in the US. In fact, there are more than 11.6 million American companies owned by women that create $1.7 trillion in sales. But only a fraction of these businesses has gone on to become billion-dollar companies.
    Do women own a business?That type of support has made an enormous difference in recent years. In fact, according to Wells Fargo’s 2024 Impact of Women-Owned Businesses report, women own 39.1% of all U.S. businesses—which was a 13.6% increase from 2019 to 2023.
    What makes a business a women-owned business?(To be considered a women-owned business, a company must be at least 51% women-owned, according to the Census Bureau.) Godio and Malin also rounded up notable products from women-owned businesses across shopping categories.
     
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