The Australian Mums In Business Report

Do you believe the number will rise for Australian mums in business?

How important is this statistic to the Australian economy?

Australia’s 300,000 plus business owner mothers represent one sixth of all small businesses. In addition, of those who employ staff, on average employ 4–5 staff, so in total, they generate income for over half a million Australians.

When doing meaningful work women have seen both their incomes and levels of self-reported happiness increase. Their business means they are more than just a mum. They get great satisfaction from being an entrepreneur and successful business woman.

What results surprised you most from the Mums & Co Australian Mums in Business Report?

See an infographic of Australian Mums In Business here.

Can you describe the average Australian mum in business today?

She’s taking back control of what’s important to her and she’s happier for it.

The stats at a glance…

  • One third started their businesses while on parental leave, one in 10 started their businesses while pregnant, and 6 out of 10 mums who started their business this year have an infant or toddler.
  • More than half have businesses in a completely new field to what they were doing before.
  • 84% have no staff but of those who employ staff, on average they employ 4–5 staff, so she provides income for another 216,000 Australians.
  • The majority have the support of a partner in looking after the kids (60%), while four in ten call on family members, and school and childcare centres are also popularly used by business mums.

What challenges do these working mums face? How does Mums & Co help them overcome these challenges?

As for what’s holding some back from launching a business, financial concerns a major barrier — one in two considerers believe that financial concerns act as a major barrier to them starting a business, both costs associated with setup and access to capital funding. Four in five considerers are concerned with the commerciality of their idea. They need guidance on all of the fundamentals of the business start-up process.

Support with childcare is an obvious challenge. A majority have the support of a partner in looking after the kids (60%), while four in ten call on family members, and business mums also heavily rely on schools and childcare centres. Our access to Emergency Childcare helps provide last minute options when you need it most.

What advice do you have for mums in businesses and mums considering starting their own business?

See an infographic of Australian Mums In Business here.‍

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Mums & Co

Mums & Co

The business think tank and network designed by women for women, Mums & Co is ready to unlock your true potential at every stage of your business.