Unlocking Assets: Building Women's Wealth Through Business Ownership

Nationwide, households are increasingly reliant on women’s earnings—in 2015, nearly two out of three mothers in the U.S. were their family’s sole, primary, or co-breadwinners, contributing at least 25% of household income. The increasing relevance of women to the long-term financial security of American families is both an opportunity and a challenge for women responsible for their household’s financial security. This report reveals that while data shows women-owned businesses are growing in number, the businesses are typically smaller in size and generate lower revenues and profits for their owners and employees. The report is the third in a series that builds off Asset Funders Network’s original 2015 publication, Women & Wealth, which explores how the gender wealth gap impacts women.