Getty Images/iStockphoto Before the pandemic hit this spring, women were launching more than 1,200 new businesses every day — roughly twice the rate of men. In fact, in 2019, 21% of employer businesses had majority female ownership, according to a report by the Small Business Administration (SBA). What a difference a year makes. Women-owned businesses have been disproportionately impacted by the pandemic. One study by the National Bureau of Economic Research found that the number of female business owners dropped from 5.4 million to 4.0 million in just two short months, a 25% decline. The loss of one fourth […]
