One third of women in Canada want their own business


For many women, especially working mums, running their own business offers a freedom and flexibility often missing in paid employment. So it’s no surprise to learn that as many as one third of women in Canada want to start their own business.

The fact was revealed in a survey by BMO Bank of Montreal in recognition of International Women’s Day in March this year.

The survey found that 36% of women are interested in starting their own business within the next ten years – and 57% would be inspired to do so by the prospect of doing something they loved. The most popular areas for new business ventures include:

  • The food and hospitality sector (19%)
  • The arts, entertainment and recreation sector (15%)
  • The information technology sector (5%)

Joanne Gassman, Senior Vice President, BMO Bank of Montreal said of the findings:

“Finding something you are passionate about and love doing every day is important when considering whether you should start your own business. It’s almost as important as translating ideas into practice and finding customers.

Owning and operating your own business can be time consuming. Yet, being your own boss can give you greater flexibility in your life and also provide an opportunity to build something truly unique.”

Do you feel passionately about owning a business and doing something you love? Find out how to get started.

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