Small Business Growth
We are on a mission to help women-led businesses grow.
In 2024, Alabama was home to over 180,000 women-owned businesses – a 17% increase since 2021, outpacing the 9% growth rate for male-owned businesses. Today, women lead 45% of all businesses across the state.
Yet only 5.5% of women-owned businesses reach $1 million in revenue and on average women generate just a quarter of revenue compared to men owned businesses.
1.Scaling to $1 Million: How Small Businesses Fare by Owner Race and Gender, April 2024, JPMorgan Chase & Co Institute
2.The 2024 “Impact of Women-Owned Businesses” report at wippeducationinstitute.org.
Tailored Assistance
We offer one-on-one growth, strategy and implementation support to help you reach $1m in revenue.
Financing
Malone Unlimited has designed an innovative capital product tailored to the characteristics of women-led and under-resourced businesses.
Resources
Check out some of the many resources available to small businesses in the greater Birmingham and Alabama area.