Women entrepreneurship: Challenges face by women

A business or an organization started by a group of women primarily in the hope for profits by taking the financial risks is referred to women entrepreneurship. The paradigm shift has been noticed lately in the field of women entrepreneurship because of factors like industrialization, education, awareness of democratic values and urbanization. The process mainly involves setting up of the institution, managing resources, overcoming challenges, creating employment and administrating the firm independently. A recent study shows that women share 1/3rd of the total entrepreneurship market globally. The potential in this field has been overseen lately by the social sciences and the general society. It is often challenging for women to transit themselves from homemakers to successful business tycoons. This industry, however, is now going through a positive face in modern India as the women holders are now engaging more in micro, small and medium scale enterprises.