If you have been wondering what the best way to sell your woman owned company is, Synergy Business Brokers has over 20 years of experience selling WBE’s. We have a number of buyers interested in purchasing a woman owned company. We specialize in selling companies in services, healthcare, technology, manufacturing, distribution, construction, and transportation.
Woman Owned companies can be desirable in many ways. In addition to being excellently run, they also can provide access to specialized government contracting options, lucrative corporate supplier diversity programs, and WBE certification opportunities. Furthermore, these companies frequently foster collaborative cultures, champion social responsibility, and benefit from targeted networking.
The National Foundation for Women Business Owners (NFWBO) identifies trends relating to the small business climate for women. A joint IBM, NFWBO study of the top fifty women business owners, as well as 10 additional “up-and-coming” business owners, reached several interesting conclusions. The women in the study covered a diverse array of industry categories including 27% in manufacturing and 10% in real estate. 46% of the women inherited a business and over 50% started their own businesses, with 34% starting businesses themselves and another 17% starting businesses with others.
Through business ownership, these women achieve a high level of flexibility in their work schedules.
Women business owners are able to equate their business with true success within the workplace. Rather than having to pander to a glass ceiling at a workplace, they have taken it upon themselves to determine their own revenue.
According to a Pew Research study performed in September 2018, Women are decidedly better at creating a safe respectful workplace. It is no surprise that women are better managers than men. Many books by business professionals recommend women managers because of their emotional intelligence and ability to organize, prioritize and manage. This is also why women are becoming business owners. They are good at it and able to run an effective business.
One major obstacle women business owners have faced comes in the form of bank loan inequities. Recently, for the first-time women-owned business are experiencing access to business loans on par with male owners; this may be due in part to the increasing number of women in high bank positions as well as banks now seeing the previously untapped potential of women-owned businesses. The NFWBO has also discovered that women tend to direct loans towards business growth.
On an international scale, the NFWBO studies have shown that women business owners often come from similar backgrounds and express the same concerns regarding business issues. Today, female business owners represent between one-quarter and one-third of the world’s independent business owners and have become increasingly vocal as evidenced by female participation at an international conference in Paris sponsored by the Organization for Economic Cooperation and Development (OECD).
To date, many obstacles have been overcome. Simply stated, the future looks bright for women-owned businesses around the globe, and the battle continues. Women who own their own business are definite leaders within their industry. Another area where women are leaders is within the United State Senate. In a recent Pew Research article, it was apparent that resulted in a massive turn in women leaders.
As stereotypes start dissipating, we can expect to see the number of women leaders continue to grow. From Women business owners to women in the Senate, we hope to see this change continue.
We focus on selling businesses with annual revenues of $700,000 to $70 Million+ in the following industries: technology, healthcare, education, services, manufacturing, distribution, construction, and more. We have sold woman-owned businesses in a variety of industries and locations throughout the United States. There are many potential woman buyers as well. Keeping the legacy of ownership can be a vital aspect especially if you want to keep your management style efficient. If you have built up a successful business and are ready to transition into retirement or make a change please fill out our easy: Online form or call (888) 750-5950.
We have Senior Advisors that can meet with you to provide you with a free confidential consultation. There is no fee until your business is sold. We can help you with an asking price and find the right buyer for your woman-owned business. You can email us at: info@synergybb.com.
If you are interested in purchasing a woman owned business, please view our woman owned businesses for sale.
