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.
     
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