NAWBO® Member Profile*

Business Size: Businesses owned by NAWBO® members are larger than the average women-owned businesses in terms of number of employees. Sixty-eight percent have employees; of which 17 percent have 10 or more employees.

Revenue: Twenty-five percent of NAWBO® members make more than $1 million in annual sales; and 34 percent make more than $500K.

Years in Business: NAWBO® members have owned their business for an average of 10 years.

Age: Seventy five percent of NAWBO® members are over the age of 45; and 25 percent are in the 35-44 age group.

Access to Capital: As with the general women-owned firms, many NAWBO® members access capital through credit cards and personal family savings. Fifty-eight percent use credit cards and 37 percent utilize private and family savings to fund their business.

Industry: Thirty-five percent, the highest number, of NAWBO® members belong in the Professional, scientific and technical services sector.

Education: Generally, NAWBO® members are very well educated with 39 percent with post-graduate degrees.

*Results from the 2011 NAWBO Member Demographics Survey