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Women-led businesses are more profitable: studies

March 10, 2021 5 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Opinions expressed by Entrepreneur contributors are their own. The participation of Mexican women in entrepreneurship is lower than that of men, because, according to the Radiography of Entrepreneurship in Mexico 2020 by the Association of Entrepreneurs of Mexico (ASEM), only 39% of the country s companies were founded by women. However, female-led organizations are more profitable, perform better, and have higher profit margins compared to male-led companies. “Breaking gender gaps and equalizing the participation of women in entrepreneurship is key to boosting the country s economic development, especially after the COVID-19 pandemic, which left a large number of Mexicans without jobs or reduced their income level. Encouraging and promoting women entrepreneurs will not only contribute to the economi

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