Member Demographics
• NAWBO Members own established businesses and have been in business for an average of 8.5 years
• NAWBO businesses have higher revenues than all women-owned businesses
• 2.3% own businesses with more than $15 million in gross sales; 7.2% own businesses with more than $5 million in gross sales; 21.6% own businesses with more than $1 million in gross sales; and 20.3% have between $250,000 and $999,999 in gross sales
• 59% are in a service business; 11% are in finance, insurance or real estates; 9% are in wholesale or retail trade; 11% are in manufacturing; and 34% are home-based businesses
• 47% contract with large corporations; 19% contract with state or local government; and 10% contract with the federal government
• NAWBO businesses are 3.5 times as likely as all women-owned businesses to have employees
• 14.4% employ more than 20 employees; 25% or more employ between 5 to 19 employees; and 23% of majority owned businesses have employees
*data from national member survey
