Airmatic Inc. is an industrial distributor focused on providing its clients with equipment, machinery, shop supplies, and a wide range of maintenance services. Working with companies in industries like feed and grain and concrete construction, Airmatic Inc. has been in operation for more than 70 years and is woman-owned.
According to recent data, the number of woman-owned businesses in the United States now encompasses over a third of all American companies. In the last nine years, this number has risen by 27 percent. As of this year, this subset of companies accounts for around $1.6 trillion in revenue and provides American workers with nine million jobs.
In addition to the fiscal benefits that woman-owned businesses bring to the US economy, studies have shown that female entrepreneurs may be less risk-averse than their male counterparts. A report conducted by BMO Wealth Management indicated that nearly three-quarters of female entrepreneurs expressed confidence in their risk-related decisions, while just 64 percent of male entrepreneurs expressed the same confidence.
According to recent data, the number of woman-owned businesses in the United States now encompasses over a third of all American companies. In the last nine years, this number has risen by 27 percent. As of this year, this subset of companies accounts for around $1.6 trillion in revenue and provides American workers with nine million jobs.
In addition to the fiscal benefits that woman-owned businesses bring to the US economy, studies have shown that female entrepreneurs may be less risk-averse than their male counterparts. A report conducted by BMO Wealth Management indicated that nearly three-quarters of female entrepreneurs expressed confidence in their risk-related decisions, while just 64 percent of male entrepreneurs expressed the same confidence.
