Skepticism Surrounds Many Women Owned Small Businesses

Fortune Small Business has a nice blurb on the skepticism encountered by women small business owners. Many people today subscribe to the myth that most women owned small businesses are really just a front in order to get preferential tax and contracting treatment. Yet, this myth is without merit since women owned businesses receive no preferential tax treatment. They may be eligible for 8A program assistance if they qualify (i.e. can show that they are disadvantaged) but the benefits from the 8A program are not so great as for one to assume that most women owned businesses are a front. In reality, women owned businesses are treated far worse than their male counterparts when it comes to federal contracting. While women owned businesses make up almost half of all businesses in the US, they receive only 2.9% of all federal contracts.