Women Who Export Earn More, Employ More and Are More Productive
According to U.S. Trade Representative Michael Froman:
Studies have found that women-owned firms that export not only earn more, but also employ more people and are, on average, more productive than women-owned firms that do not. In addition, women-owned businesses that export their goods and services average $14.5 million in receipts, compared to just $117,036 for women-owned businesses that do not export. Clearly, exporting has very real advantages.
Mr. Froman is meeting with a wide variety of women business owners to learn about their businesses. Rest assure, I emailed him (5/3/14) to offer my help and my book for educating women on how to export. Let’s hope we hear from him and can make some progress. I will keep you posted.
Here’s another great comment from Mr. Froman:
The OECD reports that creating greater economic opportunities for women—including connecting them to global markets—will help increase labor productivity, and higher levels of female employment will widen the base of taxpayers and contributors to social protection systems, which are increasingly coming under pressure due to population ageing. At the end of the day, we all win when we expand women’s economic participation.
Meanwhile, read the entire post by U.S. Trade Representative Michael Froman: Unlocking Export Opportunities for Women-Owned Businesses
Photo credit: Flickr
Posted by: Laurel Delaney