{"id":190,"date":"2021-03-08T14:42:00","date_gmt":"2021-03-08T14:42:00","guid":{"rendered":"https:\/\/www.simplybusiness.co.uk\/about-us\/press-releases\/female-run-businesses-grow\/"},"modified":"2025-12-17T14:59:23","modified_gmt":"2025-12-17T14:59:23","slug":"female-run-businesses-grow","status":"publish","type":"page","link":"https:\/\/www.simplybusiness.co.uk\/about-us\/press-releases\/female-run-businesses-grow\/","title":{"rendered":"International Womens Day 2021: Female run small businesses grow 18% in the last five years"},"content":{"rendered":"\n
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International Womens Day 2021: Female run small businesses grow 18% in the last five years<\/h1>\n<\/div>\n\n\n\n

International Womens Day 2021: Female run small businesses grow 18% in the last five years<\/h2>\n\n\n\n

As the world marks International Women’s Day this year – celebrating how far women have come in society, in politics and in economics – Simply Business can reveal that more women than ever are running their own small business.<\/p>\n\n\n\n

Analysis of over 500,000 small businesses by SME insurer Simply Business, shows that while there are still a greater number of SMEs owned by men, female small business owners are rising at a significantly faster rate. The amount of females taking out policies increased the most within home baking, takeaway food and courier businesses.<\/p>\n\n\n\n

Female-owned SMEs rose by 18% since 2017, compared to 14% growth in male-owned small businesses for the same period. What\u2019s more, according to Simply Business, Female-owned SMEs now account for 29% of all the small businesses in the UK.<\/p>\n\n\n\n

Bea Montoya, Chief Operating Officer at Simply Business, commented:<\/strong> \u201cInternational Women\u2019s Day is hugely important in providing positive recognition of women all around the world. So we are delighted to mark this day by sharing that this year we are seeing more women than ever following their big dream and being their own boss \u2013 whether that\u2019s turning a hobby into a livelihood, or using years of professional experience to do it alone.<\/em><\/p>\n\n\n\n

\u201cSmall businesses are vital to our economy and will be at the heart of our collective recovery from the pandemic. Our data shows that increasingly it\u2019s women who are leading the way. And given the number of female-owned small businesses continues to rise consistently year-on-year, we can only expect this to continue into 2022 and beyond.<\/em><\/p>\n\n\n\n

\u201cAt Simply Business, we\u2019re proud to support the thousands of remarkable women up and down the country who have stepped up to run successful and thriving small businesses.\u201d<\/em><\/p>\n\n\n\n

-End-<\/h3>\n\n\n\n

Methodology:<\/strong>
Data taken from 531,426 small business insurance policies from 2017-2020
Data extracted March 2021.<\/p>\n\n\n\n

For further information, please contact:<\/h3>\n\n\n\n

Frank PR
+44 20 7693 7433
SimplyBusiness@welcometofrank.com<\/a><\/p>\n\n\n\n

About Simply Business<\/h2>\n\n\n\n

Simply Business<\/a>\u202fis one of the UK\u2019s biggest business insurance providers, specialising in public liability insurance for small and midsize enterprises. Launched in 2005, Simply Business provides an online brokerage service, delivering policies tailored to individual business requirements.<\/p>\n\n\n\n

Using the power of tech and data to create the best possible customer experiences, Simply Business employs over 1,200 people across offices in London and Northampton, UK; and in Boston, Massachusetts; and Atlanta, Georgia, in the U.S. Owing to the insurance provider\u2019s internal underwriting capability and expert panel of insurers, Simply Business can cover over 1,200 trade types \u2013 ranging from plumbers to accountants to dog walkers.\u202fIts UK brand campaign \u2013 \u2018Simply The Best<\/a>\u2019 \u2013 aims to help UK small businesses feel \u2018the best\u2019 about their business insurance.<\/p>\n\n\n\n

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We create this content for general information purposes and it should not be taken as advice. Always take professional advice. Read our full disclaimer<\/a><\/p>\n<\/div>\n\n\n\n