Women own four out of every 10 U.S. businesses, but when it comes to businesses with revenue of $1 million or more, that figure slips to two out of 10. Why the discrepancy? A recent Kauffman Foundation report found that most women start their businesses with less than $25,000 in capital, and more women are hampered by low credit scores. Rieva Lesonsky suggests there's one quick thing women can do to help narrow the gap: Incorporate or form an LLC to show you're "interested in making a long-term commitment to business ownership."
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