Sharon Brusch Business Management Services

The number of women starting businesses is projected to outpace previous years, with minority women driving much of this expansion. This is according to a recent Forbes article on predicting small business trends in 2025. Moreover, the article mentions that more women have been successful in employing community-based business models.

What is a Community-Based Business Model?

A community-based business model is one that prioritizes local economic growth, social responsibility, and shared prosperity. Unlike traditional business models that focus solely on maximizing profit, these businesses integrate community needs into their core strategy. Whether through cooperative structures, local sourcing, or social entrepreneurship, they create a cycle of reinvestment that benefit the people they serve.

Women Entrepreneurs Shaping the Future of Business

The fact that women entrepreneurs are at the forefront of the rise in small and medium-sized businesses (SMBs) since 2021 comes as no surprise. Over the last decade, women have transitioned from business models traditionally associated with female entrepreneurs, into previously male-dominated industries. Their ability to innovate and build sustainable economic structures has fueled the rapid growth of community-based business models, proving that entrepreneurship is not just about profit—it’s about impact.

Why Women are More Successful in Employing Community-based Business Models

Women are natural problem-solvers and innovators, particularly when it comes to finding sustainable ways to support their families and communities. In many cases, women entrepreneurs are more likely to reinvest profits into local initiatives, employee well-being, and community development. They do so by creating jobs, providing essential services, and fostering cultural and economic inclusivity.

Examples of Community-Based Business Success

Sustainable Agriculture Ventures – Female farmers and ‘agripreneurs’ who embrace sustainable farming practices, create farm-to-table supply chains that benefit both producers and consumers. These models not only support local economies but also promote food security and environmental sustainability. Think Humble and Free Wadadli Farm and Clean Food ‘N Jooce Juice Bar and Restaurant in Antigua. The mutually beneficial relationship between these two entities is a classic example of this concept.

Social Enterprises – Many women-led businesses are embracing social entrepreneurship. Where profits are reinvested into community programs such as health education. These ventures demonstrate that business success and social good are not mutually exclusive. Think Needful Thingz, a feminine hygiene product vending company based in Antigua. This company puts profits into supporting girls in foster care.

Overcoming Barriers to Success

Women entrepreneurs still face unique challenges, including access to funding, societal biases, and balancing professional and personal responsibilities. However, the rise of community-based business models emphasizes collaboration over competition. Women are slowly learning how to leverage mentorship networks, crowdfunding platforms, and cooperative business structures to navigate these obstacles.

The Future of Community-Based Business Models

As more women embrace entrepreneurship, community-based business models will continue to grow. Community based business models are known for transforming local economies, promoting inclusivity, sustainability, and long-term prosperity for all. Find out how you can start your own community-based business by connecting with us today!