Celebrating Women in Business in the Montgomery Area
Mar 8, 2021
3 min read
Updated: Dec 22, 2023
By Barbara A. Preston l March 8, 2021
While women have come a long way, the road to equality is still long. In New Jersey, for example, "women-owned businesses" ranked number 41 in economic clout out of 50 states nationwide, according to roi-nj.com.
While more women own businesses nationwide, the "women-owned businesses employ fewer workers on average (0.7) than all privately held businesses (1.8) and all firms, including publicly traded companies (3.8)," according to the State of Women-Owned Businesses, a 2019 special report by American Express.
Basically, women-owned businesses in New Jersey lag far behind men-owned businesses when it comes to revenue, number of employees, and the amount of funding received.
The National Association of Women Business Owners (NAWBO), reports: "While women now represent 40 percent of all U.S. businesses, women-owned businesses still struggle to access the capital they need. For instance, women-owned businesses still account for less than 4 percent of total venture capital funding received," according to NAWBO.
In honor of Women’s History Month, the Montgomery Business Association and The Montgomery News have joined forces to recognize local businesswomen, and to encourage folks to shop local, and to especially support our local businesswomen.
Cynthia Weshnak, Montgomery Business Association Vice President, says: “Help us honor Women’s History Month by becoming a regular customer of our many businesses owned and operated by women. In addition to supporting women, you will help strengthen our local economy.”
Cynthia Weshnak visits "Tumbles, The Learning Playground" in the Princeton Shopping Center North, Route 206, Skillman.
Somerset County Business Partnership Trustee Shanel Y. Robinson says: “The sky is the limit for our women in business. Let’s put them front and center this month and support their establishments, leading them to a prosperous and sustainable future.”
Somerset County Commissioner Shanel Y. Robinson visiting one of Montgomery's women-owned businesses — Elephant in the Room Design in Princeton Shopping Center North, Route 206, Skillman.
Celebrate Montgomery women in business — and help them stay in business through the pandemic — by visiting them online.
“Remember the ladies, and be more generous and favorable to them than your ancestors.” — Founding Mother and First Lady Abigail Adams in a letter to her husband (1776).