{"id":91383,"date":"2025-05-11T00:32:08","date_gmt":"2025-05-11T00:32:08","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/91383\/"},"modified":"2025-05-11T00:32:08","modified_gmt":"2025-05-11T00:32:08","slug":"more-than-half-of-women-entrepreneurs-feel-financially-insecure-aib-survey-finds-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/91383\/","title":{"rendered":"More than half of women entrepreneurs feel financially insecure, AIB survey finds \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph\">More than half of Irish women entrepreneurs (52 per cent)  feel financially insecure, with nearly one third saying their business would not withstand a financial shock, according to new research by <a href=\"https:\/\/www.irishtimes.com\/tags\/aib\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/aib\/\">AIB<\/a>.<\/p>\n<p class=\"c-paragraph paywall\">The survey, which took insights from <a href=\"https:\/\/www.irishtimes.com\/tags\/gender-equality\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/gender-equality\/\">women entrepreneurs<\/a> and small business owners in Ireland to gauge their levels of financial security, found that more than half of the respondents said they believe their company would have to shut down entirely if they were <a href=\"https:\/\/www.irishtimes.com\/tags\/cost-of-living\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/cost-of-living\/\">unable to work<\/a> for a period.<\/p>\n<p class=\"c-paragraph paywall\">Almost three-quarters of women entrepreneurs said they were focused on business growth and 47 per cent said they were interested in seeking additional funding or investment over the next 12 months.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2024\/03\/07\/ireland-ranks-third-in-europe-for-investment-in-women-led-start-ups\/\" rel=\"noreferrer noopener\" target=\"_blank\">Ireland ranks third in Europe for investment in women-led start-upsOpens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall\"> While just 52 per cent of business owners had sought financial advice for their business, 70 per cent had done so for their personal finances. Despite this, more than 90 per cent  were open to receiving financial advice in either sector, if  it was tailored to their needs.<\/p>\n<p class=\"c-paragraph paywall\">While nearly three-quarters of respondents had a personal pension in place, just 30 per cent said they had established a pension plan through their business and one in five said they had not made any retirement plans at all.<\/p>\n<p class=\"c-paragraph paywall\">Among those who had set up pensions, there was still uncertainty over how much income their pension would provide, at 36 per cent of respondents to the survey , which was carried out in conjunction with AwakenHub and Network Ireland.<\/p>\n<p class=\"c-paragraph paywall\">\u201cThese findings show that while female business owners are incredibly driven and focused on growth, many are doing so without a financial safety net,\u201d said Ciara Ryan, head of wealth at AIB.<\/p>\n<p class=\"c-paragraph paywall\">Sinead Crowley, the co-founder of women entrepreneurs network, AwakenHub, said the findings \u201cillustrate a critical intersection between ambition and vulnerability in female entrepreneurship.\u201d<\/p>\n<p class=\"c-paragraph paywall\">\u201cThe fact that over half of respondents don\u2019t feel financially secure is significant,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"More than half of Irish women entrepreneurs (52 per cent) feel financially insecure, with nearly one third saying&hellip;\n","protected":false},"author":2,"featured_media":91384,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3094],"tags":[10782,51,487,3134,7220,16,15],"class_list":{"0":"post-91383","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-aib","9":"tag-business","10":"tag-cost-of-living","11":"tag-entrepreneurship","12":"tag-gender-equality","13":"tag-uk","14":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114486387864424650","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/91383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=91383"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/91383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/91384"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=91383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=91383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=91383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}