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.