_some-women-owned-small-businesses-are-having-a-tough-time-in-this-economy.jpg "Some Women Owned Small Businesses Are Having A Tough Time In This Economy from kk women homebirth Video Screenshot Preview")
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✓ Published: 16-May-2024
👁 View: 855K times
✓ Published: 16-May-2024
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A new study, Conducted by Talker Research for Office Depot found that 1 in 4 female small business owners has taken a pay cut in the past year.
A new study, Conducted by Talker Research for Office Depot found that 1 in 4 female small business owners has taken a pay cut in the past year.
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_why-one-of-fintechs-most-powerful-women-bought-a-95-year-old-community-bank.webp "Lead Bank CEO Jackie Reses, a former Square executive, bought the Kansas City–based bank to address compliance and technology challenges facing fintechs.")
_survey-reveals-how-female-small-business-owners-measure-success.webp "One in four female small business owners has taken a pay cut in the past year, according to new research.<br/><br/>The survey of 1,000 female small business owners examined how their experience has shifted in the past year and found that the down economy has forced a quarter of these business owners to cut their own pay to keep their businesses afloat.<br/><br/>For those small businesses that have been open for at least a year, many have also raised the price of their product or service (37%), and more than a quarter are actively seeking less expensive resources (27%).<br/><br/>Conducted by Talker Research for Office Depot, the survey found that 53% of female business owners said the past year has been the hardest for their business.<br/><br/>In 2023, respondents expressed challenges with funding (42%) and growing their business (30%), which continue to be the top struggles this year (39% and 30% respectively).<br/><br/>Experiencing fatigue was more of a pain point last year (23%), while marketing is proving to be a greater challenge this year (25%).<br/><br/>However, hard work has paid off for many female small business owners this year, allowing them to reach their 2023 goals: growing profit (goal of 59%, achieved by 26%), gaining more customers (goal of 53%, achieved by 41%) and expanding their business (goal of 28%, achieved by 12%).<br/><br/>And to keep the momentum going, respondents predict they’ll continue to uplevel and succeed through continued revenue growth (63%), gaining more customers (54%) and business expansion (27%). <br/><br/>But success is also about a lot more than dollars and cents. Twenty-one percent of respondents said success is all about making a positive impact in their community and a fifth (21%) included innovation as a success marker.<br/><br/>And while the next year looks to be more positive for female small business owners, there will still be challenges to overcome, with inflation (39%) and funding (25%) serving as the top concerns.<br/><br/>To overcome these challenges, female SBOs are throwing themselves into their work more often — but how much is too much?<br/><br/>Work-life balance improvements have slowed by 15% since last year, as only this year, 58% said their work-life balance has improved since becoming a business owner, compared to 73% who said the same last year.<br/><br/>Women surveyed feel they need to choose between their family and their profession multiple times every month, while one in eight feel this way every week.<br/><br/>And overall, 42% said being a business owner has made it more difficult to balance their outside work responsibilities.<br/><br/>To better balance their work and family life, those surveyed are committed to “cutting back on working hours,” “taking time for quiet reflection” and “being willing to take a day off as necessary.”<br/><br/>For respondents who set up their business in the last year, top reasons include wanting to be one’s own boss (59%), deciding to pursue a passion or hobby (46%) and drive to put an idea into action (41%).")
_young-women-of-wales-raise-their-voices-for-peace.webp "Today (Friday 17 May 2024), Wales’ largest youth organisation, Urdd Gobaith Cymru continues the 102-year tradition of sharing an annual Peace and Goodwill Message by the young people of Wales with the world, by releasing ‘Gweithred yw Gobaith – Hope is an Action’ in a striking animated film.<br/><br/>Since 1922, the young people of Wales have thrown a spotlight on themes that are important to them whilst sharing a message of peace with the world. Every May a message has been shared without fail, initially through Morse code, then through the BBC World Service and more recently through digital media. Last year’s anti-racism Peace Message was seen by millions in 50 countries and supported by celebrities and hundreds of schools across Wales and beyond.<br/><br/>2024’s Peace Message honours the legacy of the Welsh Women’s Peace Petition of 1923-1924, signed by 400,000 women across Wales (said to be 7 miles in length). The Message states that “the challenge of our century’s next chapter” is the continuing need to advocate for peace and putting an end to atrocities, wars, and violence.<br/><br/>The young women responsible for creating this year’s Peace Message are Cardiff and Vale ESOL students (English for Speakers of Other Languages) who have found refuge and made Wales their home along with some of the Urdd’s female staff, apprentices, and volunteers.<br/><br/>First Minister Vaughan Gething said: “I am incredibly proud to support the Urdd’s message of peace and goodwill, which is of great significance all over the world. The message is a true reflection of the ambitions of young people in Wales and a call to action for world leaders, with the collective aim to strive for a better future for us all. More than ever, I encourage everyone to engage with the Urdd’s message and help make sure that the voices of our young people are heard around the globe.”")
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