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A number of limitations were
placed on this study which affected the results obtained. First, there was no
existing database of any kind with which to collate the information. Second,
the survey was clone during the "off season and many seasonal businesses could
not be reached. Third, the amount of information obtained was limited to a
15-20 minute telephone conversation, so it cannot be assumed as a definitive
statement on women in business in the Yukon. The Source of the population was
limited to those who had some legal status-licensed, incorporated or
partnership - and hence the businesses tended to be "traditional" or
"status-quo". Because of this, the results can only reflect women's involvement
in the traditional/formal economy of the Yukon, with little hint of the extent
of women's involvement in the informal economy. The "informal" economy in this
study included only those businesses legally registered with the Yukon Bureau
of Statistics. Many Yukoners during the Yukon 2000 process called attention to
the "non-wage" of informal economy goods and services produced by individuals,
households or community groups as well as businesses, used or exchanged on a
largely informal basis. Examples of this would be the harvesting of game and
fish for food, or part-time cottage industries, most of whose product is
destined for the summer tourist season.
There were 23 complete refusals to respond to the questionnaire.
Fourteen of these were by women who acknowledged they were owners. Some reasons
given were that the survey was sexist, that they didn't know where the
information was going and that, as a principle, they didn't participate in
government surveys. The remaining nine were refusals by an individual other
than the woman owner. Usually, these were given by men with such rationales as
"she doesn't want to be bothered" or "I deal with everything concerning the
business." Some of the findings are summarized as
follows:
- Approximately 31.4% of the businesses operating in the Yukon
are wholly or partially owned by women.
- Over 40% of these businesses are incorporated, 31.6% as sole
proprietorship and 26.4% as partnerships. Women tend to go into business with
someone else, with only 35.5% being owned outright by a woman; Their business
partner is almost never another woman; only 1.2% of the women in the Yukon are
in business with another woman.
- Personal savings was the most often used source of
financing, cited by 57.8% of the respondents. Financing through a bank or
commercial loan was the next most popular with 25.4% stating they used this
source. Sweat equity - the labor and overtime of a business owner that is not
necessarily remunerated but which is vital to success - was mentioned
specifically by 12.4% of the respondents even though it was not a category on
the survey initially.
- 45% of the women used start-up capital of $5,000 or less.
70.1% overall used $25,000 or less to start their business. A number of women
had lengthy stories on the problems of obtaining any funding from the banks or
even from their husbands.
- For those using less than $5,000 of start-up, over 65% used
only personal savings and sweat equity.
- Of the businesses that were owned 76-100% by a: woman, 29.2%
grossed less than $10,000 last year. As the category of gross revenue increased
for women in business, the degree of ownership decreased.
- Almost 40% of the women started their business at 30 years
of age or younger.
- As regards education level, almost 31% had their high school
diploma, over 26% had a university or college degree and over 22% had partial
college. This is a highly educated group by any standard with emphasis on high
school and partial college.
Only 6.5% of the respondents stated they were of aboriginal
descent. This number is felt to be representative of the limited involvement
that aboriginal peoples and specifically native women have in the formal
economy of the Yukon. Statistically, significantly fewer Indian than non-Indian
people participate in the work force and unemployment is much higher for Indian
people; however, many are involved in non-wage work, such as hunting or
fishing, that does not show up in employment or business statistics. |