{"id":40065,"date":"2022-01-17T10:57:25","date_gmt":"2022-01-17T15:57:25","guid":{"rendered":"https:\/\/www.arffinancial.com\/development\/?p=40065"},"modified":"2022-01-21T13:57:28","modified_gmt":"2022-01-21T18:57:28","slug":"challenges-women-face-in-business","status":"publish","type":"post","link":"https:\/\/www.arffinancial.com\/development\/challenges-women-face-in-business\/","title":{"rendered":"Challenges Women Face in Business"},"content":{"rendered":"<p><img class=\"aligncenter wp-image-40066 size-full\" src=\"https:\/\/www.arffinancial.com\/development\/wp-content\/uploads\/2022\/01\/ARF-Blog-01202022.jpg\" alt=\"Challenges Women Face in Business\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.arffinancial.com\/development\/wp-content\/uploads\/2022\/01\/ARF-Blog-01202022.jpg 1200w, https:\/\/www.arffinancial.com\/development\/wp-content\/uploads\/2022\/01\/ARF-Blog-01202022-300x158.jpg 300w, https:\/\/www.arffinancial.com\/development\/wp-content\/uploads\/2022\/01\/ARF-Blog-01202022-768x403.jpg 768w, https:\/\/www.arffinancial.com\/development\/wp-content\/uploads\/2022\/01\/ARF-Blog-01202022-1024x538.jpg 1024w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>It\u2019s 2022, and <a href=\"https:\/\/www.guidantfinancial.com\/small-business-trends\/women-in-business\/\">we recently read<\/a> that women make up 37 percent of small business or franchise owners in the United States. Most of these women \u2013 50 percent \u2013 were born between 1965 \u2013 1980. The four most popular industries to be women-led are health, beauty, and fitness; food services; retail; and finally, business services. But despite these promising numbers of female entrepreneurs, women still face a lot of challenges as small business owners. It\u2019s one thing to start a business, but operating one is where it gets dicey. Today we wanted to cover off on a few of these challenges to raise awareness of the hardships many women in business are trying to overcome.<\/p>\n<p><strong>Funding<\/strong><\/p>\n<p><a href=\"https:\/\/www.arffinancial.com\/development\/company\/about-us\/?urlsource=blog\">Small business loans<\/a> are often necessary when starting a business. Generally speaking, it\u2019s a lot easier for a male to get funding than a female. And it\u2019s difficult for women to raise capital in an environment where venture capitalists tend only to support those who are similar to them, be it in gender or education. And according to <a href=\"https:\/\/www.businessnewsdaily.com\/5268-women-entrepreneur-challenges.html\">Business News Daily<\/a>, \u201cless than 3% of companies with venture capital funding had female CEOs.\u201d<\/p>\n<p><strong>Confidence<\/strong><\/p>\n<p>Society has a difficult time taking women seriously\u2014and this goes beyond owning a small business.<\/p>\n<p>Female business owners are in the unique position of swimming in a sea dominated by men. And a lot of male CEOs struggle to accept women in leadership positions, which can make it even more difficult for women to feel confident in their business endeavors. They have to shut down the naysayers\u2014and rally the troops at the same time.<\/p>\n<p><strong>Juggling<\/strong><\/p>\n<p>It\u2019s encouraging to see the number of women in the workforce\u2014<a href=\"https:\/\/statusofwomendata.org\/earnings-and-the-gender-wage-gap\/womens-labor-force-participation\/\">over 46 percent<\/a> of the workforce is now female. But despite so many women working full time and running businesses, they are still expected to shoulder most of the housework and family responsibilities. This has become increasingly more true during the COVID-19 pandemic, as women (who tend to <a href=\"https:\/\/blog.dol.gov\/2021\/03\/19\/5-facts-about-the-state-of-the-gender-pay-gap\" class=\"broken_link\">make less money<\/a> than men) are being forced to stop working or shift careers entirely in order to facilitate in-home classroom learning. This delicate balancing act is exhausting for women, and it can lead to a massive level of burnout.<\/p>\n<p><strong>Humility<\/strong><\/p>\n<p>Females tend to brag less than their male counterparts. It\u2019s not attractive to be seen as boastful, even though men tend to tout their accomplishments vocally and with abandon. This is a catch-22 in a sense. The way to forge ahead in business is to have confidence, however women tend to shy away from exuding that type of attitude. Females should be proud of their successes, own them, and speak of them to whomever will listen.<\/p>\n<p>At <a href=\"https:\/\/www.arffinancial.com\/development\/company\/about-us\/?urlsource=blog\">ARF Financial<\/a>, we\u2019ve helped thousands of small business owners secure over $800 million in financing \u2013 all over the span of two decades. Between our <a href=\"https:\/\/www.arffinancial.com\/development\/company\/our-team\/management\/?urlsource=blog\" class=\"broken_link\">expert staff<\/a> of seasoned loan professionals and our unbeatable small business loan products, it\u2019s no wonder clients have seen such <a href=\"https:\/\/www.arffinancial.com\/development\/resources\/success-stories\/?urlsource=blog\">great success<\/a> after partnering with us. When your small business is in need of fast, zero collateral financing with the most flexible terms around, turn to ARF Financial. Our mission will always be your business\u2019s ultimate success.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s 2022, and we recently read that women make up&#8230;<\/p>\n","protected":false},"author":5,"featured_media":40066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[128,698],"tags":[398,402,386,905,535,220,213,836,818,401,224,222,172,819,311,226],"class_list":{"0":"post-40065","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-day-to-day-business-operations","8":"category-small-business-financing","9":"tag-affordable-business-loans","10":"tag-affordable-small-business-growth","11":"tag-business-loans","12":"tag-challenges-facing-women-in-business","13":"tag-equipment-leasing","14":"tag-flex-pay-loans","15":"tag-line-of-credit","16":"tag-small-business","17":"tag-small-business-business-loans","18":"tag-small-business-expansion","19":"tag-small-business-financing","20":"tag-small-business-funding","21":"tag-small-business-growth","22":"tag-small-business-leasing","23":"tag-small-business-line-of-credit","24":"tag-small-business-loans"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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