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The gender distribution of UK micro-business founders over the last 12 months was 46% female to 53% male, a much narrower gap than the typical micro-business owner (38% female to 60% male).
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GoDaddy experts believe this change could be due to flexible work patterns and the standardization of working from home
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However, barriers to female entrepreneurship remain, with 82% still responsible for household chores and 44% seeing childcare as a barrier.
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GoDaddy salutes ‘unstoppable women in business’ ahead of International Women’s Day 2023
London, March 7, 2023 /PRNewswire/ — The proportion of women-owned UK micro businesses has surged since the cost of living crisis and the start of the pandemic, new data from GoDaddy shows.
According to a survey conducted among small business owners*, the gender distribution is generally 38% female, 60% male and 2% non-binary. However, for businesses launched in 2020 or later, the split is 47% female to 52% male, and for businesses created in the last 12 months, it is 46% female to 53% male.
But GoDaddy’s Unstoppable Women study also shows that female founders face different challenges than male founders.
78% of female entrepreneurs believe women have more opportunities to own a business than work for someone else, but many still struggle with pressures outside of work. More than four in five female entrepreneurs (82%) say they are responsible for most of the household chores, and 44% say the costs and expectations associated with childcare are the biggest obstacles to female entrepreneurship. said to be a barrier. Nearly half (46%) of GoDaddy survey respondents say they have children under the age of 18.
Set-up costs (52%) and time commitment (48%) are generally the biggest obstacles for women to start a business, although 72% of female founders launched their businesses with less than £1,000. highlighted as an obstacle.
GoDaddy customer is one of the women entrepreneurs who overcame hard times to build thriving microbusinesses Catherine Sweetfounder of the Bobcat Gallery.
she says: “I hesitated to start my own business for a long time due to the responsibilities of taking care of my family. I have always been passionate about making art buying more inclusive and affordable while introducing emerging artists. When my circumstances changed and my previous employer went through a restructuring, I took the leap of faith and realized my dream. Working with GoDaddy, we were able to easily launch the Bobcat Gallery website to grow our business and establish credibility in the art world.”
Tamara OppenGoDaddy Vice President,addition: “Women want to start businesses and become entrepreneurs, but all too often they face barriers to doing so. At GoDaddy, we pride ourselves on helping all entrepreneurs succeed, and ahead of International Women’s Day, we had an unexpectedly big success! I pay tribute to women like Catherine who hold .They are truly unstoppable.”
For more information, please contact MHP Group: godaddy@mhpgroup.com
Note to editors:
*Antenna, an independent consumer research agency on behalf of GoDaddy, conducted an online survey of 1010 female business owners. England. 23/12/22 – 09/01/23. Survey data were collected nationally and respondents were collected using an accredited online survey access panel. Data were weighted for representation against census data.
About GoDaddy
GoDaddy helps millions of entrepreneurs around the world start, grow and scale their businesses. People come to GoDaddy to name ideas, build professional websites, engage customers, sell products and services, and receive payments online and in person. GoDaddy’s easy-to-use tools help the microbusiness owner manage everything in her one place, and its expert guides provide his 24/7 support. For more information about the company, please visit www.GoDaddy.com.
See original content: https://www.prnewswire.co.uk/news-releases/cost-of-living-crisis-unleashes-new-generation-of-female-entrepreneurs-godaddy-survey-reveals-301763567. html
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