Business Attorney Laura Cowan Shares Insights On How Women Can Rise In Business

• In the U.S. both the government and private sector are making business more attractive to women.

• Numerous incentives are in place with a growing list of inspiring examples of women who are successful in business.

The American government and community are working to promote women’s ownership of businesses. This is apparent as there has been a growth of women-owned firms in various sectors related to arts and recreation throughout the past few years.

Women are rising in the ranks as seen in their firm’s revenue, shipments, and sales growth; the contributions of women to the economy are being recognized.

With many more opportunities for women interested in entrepreneurship, valuable insight is required from professional women such as Laura Cowan and Jenna Kutcher, who made their way up through the business world with great success.

Rise Of Women In Business And Support Available

In America, women own millions upon millions of businesses, contributing to society through innovations and job openings. This number is steadily increasing, as women-owned firms are constantly being created. This consistent rise has provided the opportunity for women to grow in the business world while certain incentives and programs are established to aid them along their journey.

The Women-Owned Small Business (WOSBs) program is in place to provide equal opportunities for women business owners. Eligibility requirements dictate that 51% of the business must be controlled by U.S. citizen women, and the business must be “small”.

If a business participates in this program, the government can limit competition for certain contracts. Training and educational programs are also available. You and your business can be officially certified on federal and local levels.

Alongside WOSBs, there is also the Economically Disadvantaged WOSBs, a program that is designed to aid women business owners going through economic hardships. If a woman has a net worth that is less than $750,000 and her gross yearly income over three years does not exceed $350,000, then she is considered to be economically disadvantaged. Support is given to these businesses so that they can get started.

These programs are crucial for the empowerment of women in business and they have led to the success of many businesses for women in America. As long as the businesses meet the requirements to get certified and to secure contracts, they will be eligible for the programs.

It is important to note that these programs are not charities, as their main goal is to improve the visibility of small businesses owned by women.

Benefits like this are extremely useful for women starting out their business and for women who wish to venture out into the business world. Another important aspect crucial to progressing in the business world is to know and understand the legal aspects required to start your own business. Laura’s expertise and legal insights are extremely helpful and useful in this regard.

Useful Insights From Laura Cowan And What She Has To Say

Laura Cowan managed to establish herself in the world of business and law through hard work and dedication, even if she went against the odds that women generally face when venturing off on their own entrepreneurial path.

Understanding the trials and tribulations of starting your own business, Laura shares unique insights into the ways in which women can make their mark on the world and rise in the leagues in businesses.

Mistakes To Avoid When Setting Up Your LLC

Setting up an LLC can be a daunting task filled with many legalities and administrative work. It can be truly confusing and overwhelming, creating struggles for women who want to start their businesses. Creating an LLC might also require hiring lawyers for advice, which might not be feasible for everyone, especially a female entrepreneur looking to start a new small business.

Laura believes that the legal steps in starting a business are extremely important. She is well versed in the world of law due to the degree she obtained from the University of Minnesota. This is exactly why Laura wants to provide resources relating to law and business for women starting out.

A legal foundation is important when starting out your business, which is why Laura insists on teaching women what not to do, and what to avoid, when setting up a limited liability corporation. Legal mistakes from the start can be a complicated mess to fix, so she recommends a strong legal foundation.

Just because a woman-owned business is small does not mean that the business does not require legal help or guidance. Small businesses are likely to run into trouble, even more so than bigger ones, as small businesses often do not have sufficient resources to hire attorneys should something go wrong.

Legal Considerations For Social Media Influencers

With the advancements of technology and social media, many people are becoming influencers online, and it is becoming a reliable platform for businesses. With the use of social media, a greater emphasis is needed to avoid legal matters pertaining to the consequences of mass communication. It is important for women to know and understand the legalities when it comes to using social media as a platform for their business.

About Laura Cowan

Lawyer, former CPA, and entrepreneur Laura Cowan does it all, and manages to balance all of these aspects in her life to become successful through her law firm and various businesses that she has created. Laura’s main goal is to help empower women all around the world so that they can depend on themselves and start their own profitable businesses.

She has been named a Rising Star by Super Lawyers in 2019, 2020, and 2021, indicating that she qualifies in the Top 2% of lawyers in NYC. With over 75 “5-star” reviews, Laura is very capable of providing the best insight for women starting a business.