LITTLE ROCK, Ark. (KTHV) -- There are more than 65,000 women-owned business right here in the natural state, and they employ an impressive amount of people. This is all according to a study in the third annual State of Women-Owned Businesses Report.
These businesses attribute to nearly $11 billion in the state.
Dr. Mary Ann Campbell, a certified financial planner, said the rise in women business owners largely centers around flexibility.
"Women are going into their own business in record number because the desire for flexibility and life-work balance. And as you know, we've been through a very tough recession where many times they had to go create something," she said.
Nationally, the number of women-owned businesses has increased 59 percent since 1997. Arkansas is ranked 24th in growth of number of firms and 26th in growth of firm revenue between over the past 16 years.