H&R Block unveiled its 2024 State of Women Small Business Report, which uncovers findings from over 6,000 applicants of its Fund Her Future Small Business...
, which uncovers findings from over 6,000 applicants of its Fund Her Future Small Business Grant program. Jamil Khan , H&R Block chief strategy and small business officer, joins Wealth! to break down some key insights from the report.
"What it's doing is putting some people off from actually starting their new business. But there's, like I said, a huge amount of optimism. So people are investing, they're starting small and then they're trying to bring in their revenue, which is why, as I mentioned earlier, you'll see some prices might be increasing," Khan adds.
And so we We also know that the survey found significant funding and support gaps for women to start businesses.I mean, it should be, uh, much more. But what's really interesting from our survey of the women owned small businesses is that 98% of them have started their business to help their local community.
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