Ever since the dawn of time, women have had much less representation in the professional world, and even after the improvement of women’s rights, the amount of women in business has only increased by what many consider to be a negligible amount.
That being said, woman-owned businesses across the globe are thriving faster than ever before, and the feminist movement has helped promote them, giving female entrepreneurs hope for the future.
Of course, every good business starts off as a good idea, and we’ll try to give you some tips on how to create a solid business plan for your future company.
Laying all your cards on the table before you’ve even started is a great way to know what to plan for, and if you play your hand to the best of your ability, you may just end up creating a business that will conquer a niche market.
Women’s businesses in the world
With the turn of the century, women have become much more dedicated to entrepreneurship, allowing them to claim their spot as leaders of several industries, ranging from fashion to heavy industry.
Recent data has shown that women are now much more incentivized to start a small business of their own, with 40% of all micro-companies in the UK being owned by women, which is a spike of 8% in only 2 years.
It’s more than likely that the pandemic greatly influenced this number, as we’ve seen millions of Americans shift to self-employment after witnessing the wonders of remote work.
Of course, some cultures around the globe make it harder for women to succeed in business, and as bad as it may sound, there’s little to be done there, mainly due to how damaging it can be to erase hundreds upon hundreds of years of a country’s heritage.
In spite of all odds though, even in countries like that, women-owned businesses are thriving, working past their social disadvantages and giving hope to the young girls that view them as role models.
Dropshipping
While this option may not be specifically for women, starting a dropshipping business is easy enough for anyone to set up, and with the reduced amount of contact with customers, being a woman-owned business will have little to no effect on your reputation.
This way, the only thing your customers can judge you by is the quality of the service you provide, which is fixed due to the way dropshipping is structured.
Essentially, the scope of your work is handling addresses, as the seller will ship the item directly to the customer, all while you collect a small premium for every purchase.
This allows for you to not have any inventory, saving you money on storage space and allowing you to focus on other things like family, education, or the other businesses you may own.
Online courses
Every skill you may have is one that’s marketable, and in the digital age, you can actually share these skills with thousands of people across the globe.
By registering to Skillshare as an educator, you can generate income by teaching others, and as long as you can provide high-quality courses to those who need them the most, you’ll be in a great position.
Of course, you’re eventually going to grow past the constraints of an online marketplace like Skillshare or Udemy, and you may want to consider creating your own niche platform, hiring other experts to share their knowledge on a certain niche skill set that many are willing to pay for.
The one thing to keep in mind is that the educational content you provide focuses on a niche that you believe is profitable, as you don’t want to focus on something as common as graphic design or programming, considering those are among the most sought-after skills on the market right now, and the market is far too competitive to see success right away.
Write content
Finally, you could just let your creative side shine and make money by creating content for others online.
Writing skills are highly marketable these days, and many companies are willing to pay serious money if you’ve got the writing ability they require.
This type of work can be done as a freelancer, taking project after project, or you could start your content creation company, allowing you to take on work from multiple companies at a time.
The work ranges from SEO content writing to social media content management and scriptwriting, and as long as it’s within your comfort zone, you won’t have any trouble doing this type of work.
Final word
Woman-owned businesses are beginning to thrive more than ever before, and it’s partially due to feminism being so impactful in today’s society.
Women’s rights have progressed to a point where female entrepreneurs have no trouble standing up to their male counterparts in the industry, and some have even become great leaders in said industries, showing that gender doesn’t matter in the face of great entrepreneurial skills.