Female Entrepreneurs are Planners

If you are a female entrepreneur, congratulations! You know how to plan for your business growth. According to Everywoman, a female business network, 55% of female entrepreneurs work to a business plan, compared with only 34% of male entrepreneurs. The research also shows that more women entrepreneurs than men predict that their business will grow in the next five years. Read more about the study here.

It's good find out that women, who have traditionally been known as business owners who don't particularly seek to grow, are taking the bull by the horns and pursuing their true potential. I encourage you to become part of this trend!

The bottom line is, planning for business growth is essential whether you are male or female. It's the most important thing you can do to ensure that you have the resources and the capabilities to succeed. And in the course of planning, if you realize you don't have what you need, you can adjust your plan and pursue the additional finances, resources, support, or training that you need to survive and thrive. This is especially true now, when so many businesses are struggling to stay afloat in the downturning economy.

How has the economy affected your plans for 2009? If you think your business plan needs a major overhaul for the new year, I'd be happy to work with you on identifying and implementing those changes. Send me a note or give me a call!