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What The Government Can Do And Should Do To Help Women Based Businesses

People and American FlagWhen it comes to the business world, a disproportionate number of business owners to this day are men. It is an interesting phenomenon, too, since women have proven to be more than capable as employees, and when women get an opportunity to lead for themselves, they prove capable and talented when it comes to directing the future of the business itself.

So what gives, and why are so few women owning and presiding over businesses in the first place? And maybe more importantly, what can be done to help ensure that they get the most out of business ownership and the assistance that comes with it. 

Join us for part one of a three part series on woman-based and woman-owned businesses, where today we discuss what the government can do to help women and promote them as business owners.

Tax Credits and Breaks

First and foremost, there already exist certain tax credits for qualifying businesses that are owned by a woman, or a member of a minority. The government, then, could obviously do more when it comes to ensuring that these credits are given to, and felt by, everyone involved when it comes to improving the rate of woman-based businesses in this country. The tax credit can help entice women to start businesses, qualify for loans, and more along the way. 

Focus in Colleges and State Schools

In state schools and public colleges around the country, perhaps there could be more of a focus taken on entrepreneurship and women’s studies, combining the two in some way, or in some other way encouraging the teaching of entrepreneurship for women in school. By starting early, in school, it can encourage women to join up and start their own businesses, while learning how to take risks and get the most back out of their investments regarding business and more. This, in turn, can help both women and men and increase competitiveness and productivity in the business market in general. 

Get out of the way!

Finally, the government could do a great deal to help women in business by working to stay out of their way and easing their concerns regarding regulations and more. In doing so, they can avoid and destroy some of the red tape associated with starting a business, and can work to ensure that women – and everyone else – are likely and able to get the most out of their business experience with as few start-up problems as possible. 

More and more women can own businesses in this country, and over time that trend will continue to increase as more women empower themselves and take risks to be the heads of small businesses and large companies. But until then, there are specific courses of action that can be taken when it comes to women getting the most out of their business experience and leading the pack in any industry across the globe. Watch out, for it is soon to become a woman’s world!

Posted in: Business Start Up

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