By |19 Sep 2023 at 4:49 PM
American Business Women’s Day 2023: Date, History, Facts about Businesswomen

The 22nd of September is American Business Women’s Day, which is strong evidence that “If a man can, a woman can too, and sometimes even better.” We have come a long way in recognizing the contributions of women in business since the post-World War II era. Associations such as the American Business Women’s Association work tirelessly to promote equality for women in the workplace, despite the existence of a significant gender disparity in the business world.

The background of American Business Women’s Day

Women perform vital roles in anything and everything in society, and that includes business as well. At a time when it was socially unacceptable for women to pursue a full-time career, it is a blessing that Kansas City businessman Hilary Bufton Jr. sat down in a coffee shop with Shirley Cupp, Irma Beisel, and Frances Stuckey to found the American Business Women’s Association. Today, there are more than 68 million working women and 7.7 million women business owners in the United States.

This organization was incorporated on September 22, 1949, shortly after World War II, when many women had lost their careers and were reminded that their primary responsibility was to their families. Bufton Jr. believed that all women desired and deserved equal business opportunities, and that World War II had provided him with a wealth of business knowledge. In addition, he believed a new organization for all businesswomen was required.

The purpose of the organization is to bring together businesswomen from a variety of fields and provide them with opportunities to help themselves and others develop personally and professionally. It is devoted to breaking down barriers for women and advocating for equal pay and privileges in all aspects of work.

In 1983 and 1986, the American Business Women’s Day was recognized by a Congressional resolution and a presidential proclamation. It recognizes the expanding role that women play in the business world as well as the achievements of businesswomen across the country and the globe.

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5 facts about businesswomen that will astound you

Women are approximately two times less likely than men to acquire capital financing for their businesses, and the majority of the “Forbes America’s 50 Richest Self Made Women” founded and created their own businesses.

With over 9 million female-owned enterprises in the United States, female-owned businesses have generated more than $1.7 trillion in profits.

According to the Women Business Enterprise National Council, forty percent of all U.S. enterprises are owned by female entrepreneurs.

Nearly three times as happy as women who are not entrepreneurs or established business proprietors, female entrepreneurs in the United States report a significantly higher level of satisfaction.

The Harvard Business Review.


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