ASBFEO surveys women business owners to strategize boosting Australia’s economy through female entrepreneurs

IN A BID to support and encourage female entrepreneurship in Australia, women who currently own and lead businesses are being asked to share their experiences.

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has released a survey aimed at identifying any unique challenges and opportunities faced by women who own and lead businesses.

The findings will be used to consider how we can create the best possible environment for women to start, grow and run a business in Australia.   

“More than 97 percent of women-owned and led businesses in Australia are small businesses, and small businesses are the lifeblood of our economy,” Mr Billson said. ASBFEO drew the figure in March 2021 from a calculation of data from the August 2016 Census.

The Ombudsman also utilisd research drawn from the Empowering Women Innovation Leaders in Australia and Southeast Asia – Women in Leadership Report: 

“Research has found that boosting the number of women entrepreneurs could contribute between $71–$135 billion to the Australian economy and up to $7 trillion globally," Mr Billson said. 

“I encourage women business owners and operators to complete this survey so we can harness opportunities and look at how to address any needless headwinds or obstacles to their success.”

The confidential survey Is open until October 19, 2021. It can be accessed by visiting the Australian Small Business and Family Enterprise Ombudsman website at www.asbfeo.gov.au or directly at: WOWL survey.

 

References:

Calculation of census data. August 2016, ASBFEO calculations. Retrieved: March 2021

Empowering Women Innovation Leaders in Australia and Southeast Asia – Women in Leadership Report: https://asialinkbusiness.com.au/uploads/documents/ALB0102_WomenLeadershipAsia_Report2020_v18_(003).pdf