As one of the most trusted local commercial real estate firms in Arizona, Menlo Group is proud to help area business owners with their commercial real estate needs. By partnering with those from varying industries and business ventures, we have helped many on their road to business success. Of course, this involves staying on top of Phoenix market and business trends so that we can better serve our clients.
One interesting study we found noted that, in today’s world of business owners, women are taking a resounding lead. Data that was released showed that one of the noticeable trends is women that own their own businesses is on the rise. Research shows that women owners are three times to that of male business owners.
In honor of Women’s History Month, we wanted to share some statistics about women business owners in the state of Arizona and what it means for the surrounding areas:
- In the year 2012, 36.2 percent of all businesses were owned by women. That adds up to over 10 million companies being ran by females. These industries created jobs for 8.9 million people.
- In Arizona, there were over 183,000 businesses operated by women with nearly 316,000 employees.
These are pretty strong numbers for our state. However, in reality, as the rest of the country increases their women business owner percentages, Arizona is actually in a downward trend. It is suggested that with just a 10 percent change in the right direction, we could be the top state in the country for WBOs.
For this number to go up, it is going to be a requirement that there are economic developments in the category of women business owners and their entrepreneurial ecosystems.
Our dedicated team at Menlo is eager to be the top of all commercial real estate firms to aide in these coming developments by providing women business owners with the necessary services and information for starting or expanding their businesses. One of the tasks we can help in completing is commercial real estate consulting advisory. By putting businesses in the best locations, they are more likely to grow and profit, increasing the economy in the region. Of course, this is true for businesses owned by both women and men.
If you are interested in learning more about how Menlo Commercial Real Estate can assist you as one of the most knowledgeable commercial real estate firms, our helpful and experienced staff is always available to answer your questions. Contact us here for more information.