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Survey reveals some financial concerns of women entrepreneurs


Recent research released by The American College shone a light on some of the financial issues faced by women business owners that are keeping them awake at night.

Many women business owners sleep soundly, with 31 percent believing that they have met their personal expectations as an entrepreneur, and 33 percent believing their business is ready for moderate or stable growth, which can lead them to more financial security. 

However, there is a significant percentage of women entrepreneurs who suffer anxiety related to their business. These women could potentially be more at peace with their business if they purchased small business insurance, which can cover them from a wide range of issues.

"Engaging a competent and trustworthy financial professional (and/or team) can provide tremendous benefits, as indicated in this and other studies," said said Mary Quist-Newins, director of the State Farm Center for Women and Financial Services at The American College. "With sound financial planning, more women business owners can begin 'sleeping soundly' instead of 'tossing and turning' all night long."

For other tips on how to improve their business, female entrepreneurs had an opportunity to learn the Handel Method at a recent Core Club event, according to Forbes.

The news source said the Handel Method helps women with financial achievement and focuses on career development.

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