Business
The “Be My Own Boss” Era for Women Has Arrived According to New Survey From LegalZoom
The “LegalZoom: Women and the Boss Era Survey” Uncovers Why Women Are Leading The U.S. Small Business Boom and Following Their Entrepreneurial Dreams
About this update from Legalzoom.com, Inc.
[{"type":"text","content":"The “LegalZoom: Women and the Boss Era Survey” Uncovers Why Women Are Leading The U.S. Small Business Boom and Following Their Entrepreneurial Dreams\nGLENDALE, Calif., Aug. 24, 2022 (GLOBE NEWSWIRE) -- Today, LegalZoom.com, Inc. (NASDAQ: LZ), the industry leader in online small business formations and a leading online platform for legal, compliance and tax solutions, is releasing the new “LegalZoom: Women and the Boss Era Survey,” which looks at the changing dynamic for women and business. With 60% of women small business owners stating that “being their own boss” was the reason why they started their business, it’s clear that a new era of entrepreneurism for women across the U.S is here. In addition, LegalZoom has announced the second “Fast Break for Small Business” grant cycle in partnership with the NBA, WNBA and NBA G League. The program has awarded $10,000 grants to 50 small businesses, nearly 40 of which are women owned, as part of its commitment to providing more than $6MM in grants and services to support small business owners across America. The “LegalZoom: Women and the Boss Era Survey” explores how women today define success and why many are choosing to go into business for themselves. With the pandemic and the Great Resignation, the current Small Business Boom is being led by women, with 73% of women entrepreneurs having just started their companies in the last three years. And while this number of up-and-coming entrepreneurs is staggering, there are still inequities that provide unique obstacles for women looking to form a small business. “Our partnership with the NBA, WNBA and NBA G League helps amplify our support for small business owners in underrepresented and underserved communities, not just with grants and LegalZoom services, but also by making their stories more visible,” said Catherine Davie, Head of Social Impact and DE&I at LegalZoom. “Forming a small business is empowering no matter what and, when you see how many women are forging ahead with their business plans despite the inequities in funding and support, it inspires and empowers others who dream of doing the same thing. Our goal at LegalZoom is to provide equal access to legal services, and our Fast Break for Small Business program does that while also providing capital so that grantees have both the funding and expertise to help propel them forwa...