Friday, 15 July 2016

A Summary Of Economically Disadvantaged Women-Owned Small Business

By Harold Reed


In the recent global economic activities, women have been playing a vital role in ensuring the economy of a country remains at the peak. They are the largest source of the labor force in the world mostly in the agricultural sector. Their economic contributions in the world remains to be unrecognized. Gender based constraints will always limit their role in participating in the growth of the economy. These gender based constraints will affect them differently since they are a diverse group ad live in various contexts. This article gives an overview of economically disadvantaged women-owned small business.

In recent times women are also going into commercial where they provide numerous services to their clients. They are proving to be good professionals in this field where they keep their competitors on their toes. They are competing with those individuals who have experience in the market, to ensure that their minor businesses grow into success. With the help of US small business administration SBA, they operate effectively.

These owned enterprises should be made up of 51% who are women. They must completely take control and govern of the enterprise. Above that, the owners must be citizens of United States of America either by birth or naturalization. They must also be deprived economically. These disadvantaged individuals are considered to worth below $750,000 and all their assets not exceeding $6 million.

Any person in this group to be considered a member must need to prove her eligibility. The SBA has set this conditions to govern the groups. The economy of a country will increase if only the government intervenes and come to aid these disadvantaged groups. Different states in the US supports this program, if you are lucky to be there you can get into this enterprise.

When you have decides that you are now ready to venture into commercial activity, you will be provided with a lot of options to think off. One of the major options to think off is the communication sector. Many of this lesser enterprises which a woman owns are successfully engaging themselves in a specific area of communication solutions. Here they will be providing expert services like telephone repair and phone systems.

In this moving world regarding communication, if you lack communication systems in your industry you will lag behind. You will not access the information easily and will not know the current trend in the market. Communication systems in lesser business help the woman to communicate with her clients.

The communication system is a general term that covers a wide range of services. Not only will your women owned minor enterprise do which are very basic, but as well can be involved in services which you can easily specialize in and perform it well. Always make sure your lesser enterprise runs on profit or it should be profit based. These minor businesses do offer many communication services but just to mention few of voice mail services.

Quality customer relationship, perfect use of ethical enterprise values and preoperational arrangement will make any commercial in the world to be a success. If you have these basics then you will be in a position to ensure you minor enterprise turns out being a big success.




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