Yeah cause the concept of a LLC is so far beyond my reach......
Anyways back to these FACTS
“The only bright spot in recent years with respect to privately-held company job growth has been among women-owned firms,” according to the report. These businesses have added an estimated
340,000 jobs to the economy since 2007, while employment at companies owned by men (or with equally shared ownership) has declined.
African American women are not just employees—they are also innovators, risk takers, employers, and job creators, and their businesses generate abundant revenue:
- From 1997 to 2013, African American women-owned businesses grew by 258 percent.
- As of 2016, African American women-owned firms make up 61 percent of all African American-owned businesses.
- African American women-owned firms generate an estimated $52.6 billion in revenue per year.
While African American women are an important segment of business owners, however, they are less likely to be employers than the average among all women. Ninety-seven percent of African American women-owned businesses are sole proprietors, compared with 89 percent for all women, representing the challenges these women face in growing their businesses.