1. Column
  2. Top Line

Risky Business


Related
TOPICS
    Uncategorized Article
Women business owners are not only educated, but they’re risk-takers.


The 2007 Survey of Women Business Owners, sponsored by accounting firm RSM McGladrey, the Chicago chapter of the National Association of Women Business Owners, the University of Chicago and the Committee of 200, found 40% of the 650 respondents had postgraduate education, compared to 25% of all U.S. female professionals and 9% of all women in the work force.

Respondents also were asked, “How much risk would you take or have you taken to start or expand your business?”

The top two responses were to use up to 95% of personal savings and use a personal home as collateral.

Source: 2007 Survey of Women Business Owners,
www.rsmmcgladrey.com/Knowledge-Center/Downloads/WBOSurvey2007-1.

SPONSORED QUIZ

How well do you know small business?

There are over 30 million small businesses in the U.S., and many of them are optimistic in their outlook. Are you familiar with the obstacles and opportunities they are facing? Test your small business acumen with this quiz sponsored by Chase Ink®.

SPONSORED REPORT

In focus: Payroll

Providing payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.