Georgia ranked the top state for women entrepreneurs

You might be among the many women here in Georgia thinking about starting a business. If you are, one thing you might wonder is: How good is Georgia’s business environment for female entrepreneurs? You might find where Georgia landed in a recent set of rankings on this topic to be incredibly encouraging.

No. 1 ranking

The rankings, which a WABE article reported on, compared the states on receptiveness to women-owned businesses. These comparisons were made using census data.

Georgia came out ahead of all other states, getting the No. 1 rank in the country regarding woman-owned companies.

What do you think would most help Georgia continue to hold this top position in upcoming years?

Women entrepreneurs in Georgia still face challenges

As these rankings suggest, women entrepreneurs in Georgia may encounter a more receptive business environment than female business owners in other states. However, this does not mean that female entrepreneurs in the state face no challenges when starting up businesses.

The WABE article noted that one type of challenge that is fairly widespread for women entrepreneurs are challenges in raising capital. One set of estimates points to women-owned small businesses receiving only 2 percent of overall venture capital funding nationwide. What do you think are the biggest factors behind such challenges?

Women in Georgia who are starting businesses also face the challenges that can come up for all entrepreneurs. For one, there are many complex but important legal issues that arise for startups. All entrepreneurs, whatever their gender, may find it beneficial to reach out for skilled legal guidance when it comes to navigating these issues.

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