Women business owners could be making even greater sacrifices than their male counterparts this year as they contend with challenges from the pandemic, a new survey of small business owners has found.
The research found that in the coming year a large majority of female small business owners do not expect to take time off work, whereas under half of men don’t expect to.
Women-owned businesses are less likely to have reopened following lockdown
The sacrifices that women business owners are anticipating could be attributed to how quickly they have been able to return to normal business levels. Women were less likely than men to report having returned to pre-Covid activity, with 14% of women reporting business was at normal levels compared with 21% of men.
The research found that nearly a quarter of women-owned businesses are still closed following the lockdown, with 23% reporting they are not trading, compared … Read the rest