There are approximately 13 million women-owned businesses in the U.S. and they are growing at a rate of 5 percent every year. Five percent may not sound like a lot, but that’s actually more than twice as fast as the growth rate of all other businesses. Women-owned businesses also employ nearly nine million Americans, which is about 8 percent of the entire workforce in the U.S. If this isn’t impressive enough, women of color account for 90 percent of new women-owned businesses each year. Considering that women of color make up only 39 percent of the U.S. population, that’s quite inspiring.
Here at Xspero, we are very proud to have several women-owned businesses as partners, right here in South Jersey.
While we want all of our small business partners to be successful, March is Women’s History Month! Below are just some of our women-owned business partners. Think about supporting them through the Xspero app the next time you have some shopping to do or are looking for a place to eat.
• BJ Roasters, Millville
• Kat’s Kreations, Bridgeton
• Mary’s Hallmark, Vineland
• Pampered Pup Luxury Pet Resort, Millville
• Peace Love Yoga, Vineland
• Salon Fabrojae, Vineland
• Salon Millennium, Vineland
• Stir it Up, Egg Harbor Township
And there are more women-owned businesses on the Xspero app! Check your app to find your favorite shops and restaurants.
When you use Xspero to shop at these great women-owned businesses, 20 percent of your Xspero purchase goes to your favorite charity.
Though women-owned businesses are on the rise, their revenue is not even close to being comparable to the revenue of male-owned businesses. Women-owned businesses bring in a whopping $1.9 trillion, but that’s only 4.3 percent of all generated revenue in the U.S. That number is a huge leap compared to 40 years ago when the number was $8.1 billion in revenue. That goes to show just how hard women have worked to get to where they are. But still, there is more hard work ahead for the ladies in business.
Being a merchant on the Xspero network not only shows that you care and are an advocate for your community, but it also means that you are helping your customers be community advocates, too. Most people would give to charity if it was convenient and affordable. With Xspero, anyone can give, because it doesn’t cost anything extra. Our merchants help that happen and we couldn’t do it without them.
Check your Xspero app for tickets for our next Virtual Trivia Night Thursday March 25, at 7 p.m., benefitting St. Mary School.