Seeding small businesses by women in rural areas


June 20, 1999

There is increasing awareness of the important role of women in the business world and their effect on America's economy.

Women-owned businesses are growing in number, range, diversity and earning power. As women business owners expand their companies, they contribute to the country's economic success.

With Maryland home to 121,177 women-owned businesses, according to the U.S. Department of Commerce, the need to cultivate women-owned businesses in rural areas is visible by its potential for economic growth.

Out of 328,403 firms in Maryland, 37 percent are owned by women. Women-owned businesses have also increased in Maryland by 49 percent from 1987 to 1992, and women-owned businesses today are becoming larger and reporting a higher volume of sales.

Yet women in rural Maryland are still hard-pressed to keep up with other films in employee benefits, financing and training.

We have also seen a wave of corporate downsizing. Now we see outsourcing. Outsourcing is a trend that warrants keen attention by entrepreneurs and corporate employee alike. Now is the time to retrain to regain.

For those of you who choose or by default find yourself on an entrepreneurial path, consider obtaining some "outsourcing" of your own with the help of the Women's Business Institute (WBI).

Consider entrepreneurship and ask WBI how it can help you plan to achieve your American dream. WBI offers women in rural Maryland an opportunity to succeed by providing training in how to market a small business, create a business plan and secure financing, to name a few.

An outspoken supporter of women in business, Rep. Roscoe G. Bartlett has conducted two congressional hearings emphasizing the significance of women-owned businesses.

He has also been influential in the WBI, locating its operation in Western Maryland and Carroll County, to assist his female constituents who are already in business or who are considering starting a business.

The institute is a non-profit organization and can be contacted at 410-266-8746 for a listing of programs.

It's time for all of us to roll up our sleeves, get involved and create our own business solutions. You are the center of your professional success and entrepreneurship may be right for you.

Beatrice A. Checket, Taneytown

The writer is chief executive officer of the Women's Business Institute.

Pub Date: 6/20/99

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