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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%).
Survey reveals how female small business owners measure success
⏲ 1:18 👁 2.4M
Geopolitical Trends, w/Dr. David Oualaalou
Iraq Adopts the Chinese Yuan instead of U.S. Dollars!!!
⏲ 11 minutes 14 seconds 👁 92.5K
Melanie Hinds
Unlocking the Secrets of Iraqi Dinar Exchange Rate: Digital Dollars Revolution! #dinar #iraqidinar
⏲ 45 seconds 👁 2.6K
A group of Australian volunteers are feeling let down after being left stranded by the collapse of Air Vanuatu. The airline went into voluntary liquidation and cancelled all of its flights last week. The teenage volunteers from a rotary club in Albury in New South Wales have been providing medical assistance for communities on the southern island of Tanna. They're facing the prospect of having to pay thousands of dollars in extra costs to get back to Australia.
Air Vanuatu collapse leaves teenage volunteers stranded
⏲ 0:38 👁 5.1M
iraqi Dinar
Iraqi Dinar | Wells Fargo Show IQD New Exchange Rate $3 Dollar | Iraqi Dinar News today 2024
⏲ 3 minutes 42 seconds 👁 1.1K
AP Archive
Approval of 81 billion dollars for Iraq and Afghan operations
⏲ 1 minute 58 seconds 👁 30
A multi-million dollar warehouse was destroyed in a fire in Barrackpore on Wednesday afternoon.
MULTI MILLION DOLLAR FIRE
⏲ 0:44 👁 1.7M
AP Archive
The U.S. government wasted tens of millions of dollars in Iraq reconstruction aid, including scores
⏲ 1 minute 45 seconds 👁 49
CBS News
The Early Show - Report: U.S. dollars wasted in Iraq, Afghan wars
⏲ 31 seconds 👁 39
Sam and Jack are back with another Boston Celtics podcast. In this one, they break down the Celtics' 109-102 win over the Cleveland Cavaliers in Game 4. They discuss the Celtics' awkward offense, their inconsistent defense, and the top performances from Jayson Tatum and Jrue Holiday. Let us know your thoughts, and as always, thanks for listening to How 'Bout Them Celtics!<br/><br/>Podcast Twitter: @HowBoutThemCs<br/>Sam's Twitter: @SamLaFranceNBA<br/>Jack's Twitter: @JackSimoneNBA<br/><br/>#celtics #bostonceltics #celticsnews #celticsrumors #celticstraderumors #celticspodcast #celticspod #nbapodcast #nba #bostoncelticsnews #howboutthemceltics #neemiasqueta #alhorford #xaviertillman #jaysontatum #jaylenbrown #derrickwhite #kristapsporzingis #jrueholiday #samhauser #lukekornet #paytonpritchard #jadenspringer #oshaebrissett #svimykhailiuk #jddavison #jordanwalsh #joemazzulla #bradstevens #nbaplayoffs #cavs #cavaliers #celticscavs #celticscavaliers #cavsceltics #cavaliersceltics #clevelandcavaliers #celticscavaliersgame4 #celticscavsgame4<br/><br/>Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy! Go to https://PrizePicks.com/CLNS<br/><br/>Take the guesswork out of buying NBA tickets with Gametime. Download the Gametime app, create an account, and use code CLNS for $20 off your first purchase. Download Gametime today. Last minute tickets. Lowest Price. Guaranteed. Terms apply.<br/><br/>Elevate your style game on and off the course with the PXG Spring Summer 2024 collection. Head over to https://PXG.com/GARDENREPORT and save 10% on all apparel.<br/><br/>Nutrafol Men! Take the first step to visibly thicker, healthier hair. For a limited time, Nutrafol is offering our listeners ten dollars off your first month’s subscription and free shipping when you go to https://Nutrafol.com/MEN and enter the promo code GARDEN!
Celtics Scrape By Cavs in Game 4 Win | How 'Bout Them Celtics
⏲ 38:31 👁 605K
BeerBiceps
Abhijit Chavda - 2024 Geopolitical Update | Israel, Iran & India | The Ranveer Show 409
⏲ 1 hour 8 minutes 41 seconds 👁 86.2K
Firstpost
Pakistan's Weapon Imports from China Amplifying Economic Crisis? | Vantage with Palki Sharma
⏲ 6 minutes 45 seconds 👁 52.5K
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