Celebrating Women in Small Business

by | Oct 27, 2023 | Business Finance, Business Strategy, Resources, Women in Business | 0 comments

Celebrating Women in Small Business

October is not just for pumpkin spice and Halloween fun. It’s also the month dedicated to celebrating women-owned small businesses. With a whopping 12.3 million women-owned businesses in the U.S. and 62% of women indicating their small business as their primary source of income, this is a cause worth celebrating.

Snyder General Store Turns Two

This October, we’re shining a light on the Snyder General Store as it marks its second birthday. The store’s owner, Colleen Kitchens, is no stranger to the retail industry. This is her third store, and she proudly carries on the tradition of her mother, who owned stores when Colleen was growing up.

Despite her experience, Colleen, like many business owners, has faced her share of challenges – most notably, building a client base and marketing her business.

Finding Community in Business

As a newcomer to Buffalo, Colleen found it challenging to establish a community. However, she found solace and support at the Women’s Business Center at Canisius. This center, one of many across the state, offers advice, classes, and a supportive community for female entrepreneurs like Colleen.

Overcoming the Financial Hurdle

Sara Vescio, the executive director of the Women’s Business Center, highlights that women often face the challenge of securing adequate capital. While women can access loans, they often receive smaller amounts than their male counterparts.

The Road Ahead

Despite these challenges, women are making strides in business. However, Vescio emphasizes that there’s still a long journey ahead. She urges the importance of recognizing the progress and the strides yet to be taken.

Vescio’s advice to aspiring female entrepreneurs is simple: you don’t need to do it alone. There are numerous resources available to offer support and guidance.

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Only U.S.-Based Businesses are Eligible