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One in four female small business owners has taken a pay cut in the past year, according to new research.<br/><br/>The survey of 1,000 female small business owners examined how their experience has shifted in the past year and found that the down economy has forced a quarter of these business owners to cut their own pay to keep their businesses afloat.<br/><br/>For those small businesses that have been open for at least a year, many have also raised the price of their product or service (37%), and more than a quarter are actively seeking less expensive resources (27%).<br/><br/>Conducted by Talker Research for Office Depot, the survey found that 53% of female business owners said the past year has been the hardest for their business.<br/><br/>In 2023, respondents expressed challenges with funding (42%) and growing their business (30%), which continue to be the top struggles this year (39% and 30% respectively).<br/><br/>Experiencing fatigue was more of a pain point last year (23%), while marketing is proving to be a greater challenge this year (25%).<br/><br/>However, hard work has paid off for many female small business owners this year, allowing them to reach their 2023 goals: growing profit (goal of 59%, achieved by 26%), gaining more customers (goal of 53%, achieved by 41%) and expanding their business (goal of 28%, achieved by 12%).<br/><br/>And to keep the momentum going, respondents predict they’ll continue to uplevel and succeed through continued revenue growth (63%), gaining more customers (54%) and business expansion (27%). <br/><br/>But success is also about a lot more than dollars and cents. Twenty-one percent of respondents said success is all about making a positive impact in their community and a fifth (21%) included innovation as a success marker.<br/><br/>And while the next year looks to be more positive for female small business owners, there will still be challenges to overcome, with inflation (39%) and funding (25%) serving as the top concerns.<br/><br/>To overcome these challenges, female SBOs are throwing themselves into their work more often — but how much is too much?<br/><br/>Work-life balance improvements have slowed by 15% since last year, as only this year, 58% said their work-life balance has improved since becoming a business owner, compared to 73% who said the same last year.<br/><br/>Women surveyed feel they need to choose between their family and their profession multiple times every month, while one in eight feel this way every week.<br/><br/>And overall, 42% said being a business owner has made it more difficult to balance their outside work responsibilities.<br/><br/>To better balance their work and family life, those surveyed are committed to “cutting back on working hours,” “taking time for quiet reflection” and “being willing to take a day off as necessary.”<br/><br/>For respondents who set up their business in the last year, top reasons include wanting to be one’s own boss (59%), deciding to pursue a passion or hobby (46%) and drive to put an idea into action (41%).

Survey reveals how female small business owners measure success

⏲ 1:18 👁 1.4M

Andrew Wommack

Jesus Paid Once for ALL - Andrew Wommack @ Riverside 2024 - Session 6

⏲ 48 minutes 39 seconds 👁 19.9K

Joseph Prince

Jesus Has Paid It All | Joseph Prince

⏲ 7 minutes 15 seconds 👁 41.6K

On May 12, 2000, two Russian cosmonauts embarked on the 80th and final spacewalk at the Mir space station. <br/><br/>This was also the first commercially financed spacewalk. A private company called Mircorp paid to launch two cosmonauts, Sergei Zalyotin and Alexander Kalery, on the so-called \

OTD In Space – May 12: Last Spacewalk At Mir Space Station

⏲ 0:54 👁 280K

Calvary Church with Skip Heitzig

Jesus Paid It All! - Colossians 2:11-15 - Skip Heitzig

⏲ 50 minutes 15 seconds 👁 13.9K

Worship Circle

Jesus Paid It All - Kim Walker-Smith | Worship Circle Hymns

⏲ 7 minutes 51 seconds 👁 16.8M

On May 12, 2000, two Russian cosmonauts embarked on the 80th and final spacewalk at the Mir space station. <br/><br/>This was also the first commercially financed spacewalk. A private company called Mircorp paid to launch two cosmonauts, Sergei Zalyotin and Alexander Kalery, on the so-called \

OTD In Space – May 12: Last Spacewalk At Mir Space Station

⏲ 0:54 👁 3.4M

Gaither Music TV

Ivan Parker - Jesus Paid It All [Live]

⏲ 5 minutes 52 seconds 👁 731.9K

Pastor Rick

He Did It All For You • Jesus Paid the Price • Ep. 1

⏲ 27 minutes 17 seconds 👁 7.7K

Hogs Back Brewery blesses hop garden, continues ‘beating the bounds' tradition<br/><br/>Surrey-based Hogs Back Brewery recently held its annual Hop Blessing at its brewery and hop garden in Tongham. Around 100 people gathered in the evening sunshine to enjoy the ceremony and the ‘beating the bounds' walk, back as part of the event for a second year.<br/><br/>The Hop Blessing took place on Ascension Day (9 May), the day on which crop blessings were traditionally held for centuries. Rev. Claire Holt, of St Paul's Church in Tongham, blessed the crops and, with Hogs Back Brewery managing director Rupert Thompson, led guests on the walk around the 8.5-acre hop garden.<br/><br/>Blessing of crops was observed in rural communities in a bid to encourage a bountiful harvest.Hogs Back revived the tradition in 2014 when they planted their original hop garden over the road from the brewery and continued it when they relocated to the current, larger site.Currently, the 6,000 hop plants in the Hogs Back garden are climbing up strings, spurred by the recent rainfall, and the brewery is hoping for an ample crop to harvest in late August. <br/><br/>Beating the bounds similarly took place around Ascension Day, when the priest would lead a group around the parish boundaries, as a way of instilling this vital information: your parish dictated how much tax you paid, and where you could be buried, for example.The ‘beating the bounds' name may have its origins in a tradition of beating children's heads at each of the boundary stones to drive home the information - a part of the custom that Hogs Back is not observing!<br/><br/>Rev. Holt said: \

Blessing of the hops prayer at Hogs Back Brewery

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DonMoenTV

Don Moen - Jesus Paid it All

⏲ 4 minutes 7 seconds 👁 309K

Success Motion

He have paid ALL YOUR DEBT | Live your Life in the Name of JESUS | Pastor Chris Oyakhilome

⏲ 11 minutes 30 seconds 👁 1.9K

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