Starting a business is already a task full of troubles and trials. But for women, it is double the trouble. It is often considered for women to live a life where they handle home and husband and not anything professional. But if one sees the dreams of running her own business, she will have to come eye to eye to hurdles she never thought would exist. But regardless of all these trials and troubles, the count of women entrepreneurs is still rising.
A few significant barriers to women in business are as follows:
1. Small budgets:
Often, women are not the primary bread earners of their families, and they grow up being free of this responsibility. And hence they end up in jobs that are only enough to for their pocket money and not more.
And when a woman thinks of running a business based on this small amount of money she makes from her job role, a minor budget issue falls in. This limits the number of possibilities for any woman and hence becomes one of the main barriers to women in business.
2. Balancing responsibilities:
Women have to look after their homes and a job if they do and then comes the urge to start and run their business as well. These roles become hard to juggle when a company is on the verge of operating every day. Hence balancing responsibilities becomes a challenge, and if not managed well, the whole business idea can go down the drain.
3. A compelling fear of failure:
Women mostly face the challenge of not feeling entrusted with managing something significant or worthwhile for society. Most women are given the primary responsibilities of looking after their houses and not more.
And so when it comes to business, women feel that fear of failure and so many what-ifs of if they will fail, they will end up facing those pointing fingers of everyone in the family.
4. Not enough support:
And just as the last point suggests, mostly women have to be their saviours and biggest supporters. No one steps ahead to put a woman in the shoes of a businesswoman. All the struggle to start and successfully run a business requires a lot of moral support, but seldom do women get such support.
5. Gender inequality:
Just like all other unfair things that happen in this world, gender inequality is one of them as well. Being a woman, you will often feel left behind in many races where men go ahead.
Society and the market will treat you unfairly, and you will supposedly feel like you don’t matter enough. This gender inequality leads to complexity in women and becomes one of the major barriers to women in business.
These few major barriers stopped women from being their best selves and achieving success in their business careers. To help women in business, some help in accounts and finances would be just ideal!