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2018 Women Business Owner Spotlight

2018 Women Business Owner Spotlight

Bank of America launched their third annual study, focused on the goals and challenges of women entrepreneurs across the country. 
The publication examines: rising business and economic confidence, leading the digital transformation and progress towards equal access to capital. 

Key points highlighted in the publication included:

  • Women business owners are much more confident about their revenue growth prospects.
  • While half of small business owners foresee a complete transition to digital payments in the next five years, women entrepreneurs are leading the charge, with a higher percentage using mobile devices to process payments and manage other transactions. 
  • 84 percent says access to capital for women entrepreneurs has improved.