International women’s day 8th March and a day to reflect on so many things. The theme for 2019 is #BalanceforBetter which has a deeper meaning than being adept at yoga.
Balance in the world is not a woman’s issue but a business and economic one where race and gender should be balanced in all sectors of our society be it in the board room or on a sports field and today there has been coverage in so many sectors raising awareness of the need for a continued quest for a balance in our world.
Amazing to note that this has taken so long but a point in case is the Army, Navy, and Royal Air Force who are now allowing women to serve as ground force in close combat and so for the first time in our history women will be employed for roles determined by their ability and not their gender. Women will, therefore, be working alongside their male colleagues and will be expected to meet the same physical and practical standards as men.
Women will, therefore, be working alongside their male colleagues and will be expected to meet the same physical and practical standards as men.
As our business approaches its first anniversary it was interesting to read from Alison Rose ,deputy CEO of NatWest, the importance of encouraging women entrepreneurs in industry and a report issued quoted that 6% of UK women run their own businesses compared with 15% in Canada, almost 11% in the US and more than 9% in Australia and the Netherlands. Her interpretation of her findings is that women entrepreneurs would contribute a massive £250 billion to the UK economy if they were given the same support as their male counterparts.
Some facts, which I’m sure will not be such a total surprise
Women 'half as likely' as men to start a business
Gender pay gap grows at hundreds of big firms
Only 1 in 3 entrepreuneurs is female
Female led businesses are smaller than those run by men
Female led businesses receive less funding than those by led by men
Women only make up 27% of full time chief executive and senior official’s role
The good news is that recommendations are now being made for investment companies and banks to start to dig into their pockets and back female run businesses and where appropriate help these entrepreneurs with child and family care where needed. So, a call to the bank later today has been put on our to do list.
A final point, Fifty One Apparel received our first order from New Zealand today thanks I believe to a fantastic review from Sheena @ BeautyProtocole last night. We are already selling into Australia so the order today was a lovely surprise and hopefully a move in the right direction for strong sales in the Pacific region. So International has a significant meaning for us today.