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1 in 5 small businesses is run by women

Jessica Alba: 'It's necessary' to have more women leaders
Jessica Alba: ‘It’s necessary’ to have more women leaders

Women are opening up new small businesses at a faster pace than men. But they’re facing higher hurdles to making them successful than their male counterparts.

About one in five small businesses majority female-owned, and the number of such firms also grew by 22% between 2007 and 2015, according to a recent report published by the Federal Reserve Banks of New York and Kansas City.

Latest financial news – CNNMoney.com

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