In the United States, women own 10.6 million businesses that produce approximately $2.5 trillion in sales every year. These women-owned companies employ 19.1 million workers, or one in every seven employees. Even though women own approximately 30 percent of small businesses, women-owned companies make up just 16 percent of bank loans and 17 percent of SBA loans. You can find more statistics about women entrepreneurs in this great fact sheet.
This week, the new minimum wage ordinance in Oakland went into effect. For more about the new laws and some tips about how to navigate the implementation process, check our our past blogs. Businesses across town are still working on all the systems and processes needed to comply with the law. Here are some resources to support you in that process:
On March 2, the minimum wage increase in Oakland takes effect, and small business owners across the city are getting ready for the new regulation. Oakland will have the highest minimum wage in the country (though Emeryville is attempting to raise their minimum wage as high as $14/hour), and the discussion from small businesses about this increase has been mostly positive.
OBDC is excited to celebrate the businesses we support. This month, we’ve profiled Karen Roberts of HauteButch, a clothing company offering their customers a line of masculine and gender-neutral clothing and footwear designed for women’s bodies.
On March 2, the minimum wage increase in Oakland takes effect, and small business owners across the city are getting ready for the new regulation. Oakland will have the highest minimum wage in the country (though Emeryville is attempting to raise their minimum wage as high as $14/hour), and the discussion from small businesses about this increase has been mostly positive.
The Market on Market recently opened in San Francisco, offering retail space to local food businesses, as well as a centralized place for San Franciscans to shop local for groceries.
Oakland Restaurant Week 2015 is a celebration of Oakland restaurants and eateries, running from January 15 to January 25.
successEarlier this year, James Stephenson produced a list of 25 common characteristics of successful entrepreneurs. We’ve seen entrepreneurs work hard to get great at all of these and know what a big impact there can be with advisors, coaches, consultants, and experts available to support you and your business. Here are four important areas in which all business owners can continue to develop and grow.
Many small businesses owners have a goal of contributing to their communities when they launch their businesses. It can be challenging to find the time and resources to make giving back a priority.
Katie Burke at the San Francisco Business Times recently compiled a list of six changes that impact small business owners in San Francisco in an excellent article. This is critical information that will also impact Oakland-based businesses in 2015. You can read the full article for additional details.