October 18, 2007

Study Finds Women Business Owners are More Forward-Looking Thinkers

The Washington Post summarizes a recent survey that evaluated Exit Planning and the small business owner.  The study was underwritten by Massachusetts Mutual Life Insurance and released by the Center for Women’s Business Research.

Key findings were that 67% of men & women surveyed did not have a sales plan and nearly 50% had never conducted a business valuation.  Conclusions from the survey indicate that female business owners are more focused on the future success of their company’s under a new owner based on that buyer’s personality and future vision for the business, than are men. 

The summary of this survey ends with some very relevant tips from successful women business owners who have sold companies.  They are very practical and relevant to the exit planning and business transfer process.

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2 Comments on Study Finds Women Business Owners are More Forward-Looking Thinkers »

October 22, 2007

Bella @ 5:41 pm:

That’s interesting that they found women to be more forward-looking in business. Any leads as to why? I would be interested in the psychology behind that. Also, thanks for the links for exit and transfer process of companies. If there are any women out there that are looking to grow their business so that you can be as successful as these women, I found this really great contest that you should check out called “Make Your Dreams Come True with Mirassou.” They are awarding one aspiring business woman $50,000 plus a team of highly professional consultants to help kick start your business. Check it out here http://www.mirassou.com/women_in_business/dreams.asp for more info and to enter. It would be a great asset for you future female leaders of tomorrow. I work with them, so I have the inside scoop.

October 23, 2007

FMV @ 11:08 am:

Thanks for the information on “Make Your Dreams Come True with Mirassou”. Sounds like a great program for aspiring women business owners and a tremendous opportunity to take a start-up to the next level!

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