Woman-owned business

Most definitions of this term involve a practical look at the legal and ownership structure, as well as the issue of control of the day-to-day operations of a business.

A Woman-Owned Business Enterprise (WBE) is defined as one that is at least 51% owned, operated and controlled on a daily basis by one or more female American citizens.

[4] These challenges stem from many sources, including social and cultural stigmas, family and child-rearing responsibilities, maternity needs, educational background, career experience, and community support.

[5] Depending on the country in which a woman resides and/or is a citizen, there may be government or non-profit support for female business owners.

[14] In Europe, the Entrepreneurship 2020 Action Plan is aimed at supporting women business owners, among other initiatives.

Example of an independent lip balm company that states "Woman Owned" clearly at the top of the package