Monday, November 07, 2011

News of Interest: Woman-Owned Businesses Show Strength, Versatility and Growth

According to the annual survey by the Women Presidents' Organization and sponsored by Wells Fargo, it shows 76% of companies have maintained or grown their employee base.
Women Presidents have shown they can adjust to the changing economic climate. Results from the surveyed membership indicate 82% of multi-million dollar business owners have positive outlooks and experienced company growth in 2011, according to the annual economic survey by the Women Presidents' Organization (WPO), the premier peer advisory organization for women entrepreneurs.  Despite the economic downturn, 42% of these CEOs and presidents were able to give their employees raises while, 49% maintained current employee salaries.
Other interesting facts surveyed by WPO:
  • 58% of member businesses have grown since joining; 75% of these believe WPO has helped them grow
  • 80% believe the WPO helps manage business concerns in the current economic climate
  • 72% believe their WPO chapter is the most valuable resource that WPO provides
Read more here.

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