The Bank of America Business Owner Report shows that all surveyed cohorts are cautiously optimistic that economies will improve over the next 12 months.
The annual report, based on U.S. Census Bureau data adjusted by Gross Domestic Product data, found that women-owned businesses continue to trend above all others. Over the past five years, the number of women-owned businesses increased by 21 percent, while all enterprises increased by only 9 percent.
They are doing this through coaching, training, customized programming, systems development, innovation, integration and automation, recognized these disturbing facts, and determined to help address it.