They are all entrepreneurs but they are not all the same

by Jeff | Aug 26, 2018 | Business Ownership, Starting

Surely, there are some differences between male and female entrepreneurs. A number of small but statistically significant differences among male and female entrepreneurs were found in the types of businesses that they established, their self-reported measures of success, their risk-taking behaviour and how their business growth was funded.   Gender and the type of business conducted According to the Carleton research, women tend to open businesses in service industries (accommodations and...

Gender and Funding the Business

by Jeff | Aug 26, 2018 | Business Ownership, Growing, Starting

Research recently commissioned by BMO Wealth Management found many similarities between male and female entrepreneurs, while some differences challenged more than a few misconceptions. This study, conducted by Carleton University researchers in conjunction with The Beacon Agency, interviewed 100 entrepreneurs of both genders on topics such as their motivation to open a business, their risk-taking behaviour and how their business growth was funded. BMO Wealth Management followed up this...

Five questions to ask yourself before growing your business

by Jeff | Sep 25, 2017 | Business Ownership, Growing, Starting

Are you a Canadian female business owner considering expanding your business? If you’re unsure of how to go about it, you aren’t alone. According to news reports, Canadian entrepreneurs – both male and female – struggle to scale up and build long-lasting businesses. And although studies like this Ontario-based study from the Brookfield Institute show strong numbers for early-stage businesses, the numbers drop when it comes to established businesses. This suggests business owners face...