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Women Entrepreneurs Want to Hire Not Take on More Debt

Jun 1, 2017 | Advocacy, Uncategorized

CARDTRAK STAFF

Women business owners plan to hire more staff in the year ahead (33%), according to new poll. At the same time, the vast majority (80%) have no plans to pursue financing options in 2017. 

 

The National Association of Women Business Owners (NAWBO) survey also found more than a third (35%) of women business owners who responded work between 40-49 hours a week, more than half (53%) have carried business costs on a personal credit card and nearly one-third (32%) have never given themselves a raise.

Women business owners are one of the fastest growing segments of our economy, a trend that is likely to continue, especially if we provide the tools and resources for more women to start and grow their businesses.

The majority of respondents to the survey cited taxes and regulations (53%) as the top advocacy issues impacting their business. Workforce issues, including healthcare and pension reform, ranked as the second impactful set of issues at 26%.

Link to original article: http://cardtrak.com/data/97174/women-entrepreneurs-want-hire-not-take-debt

 

 

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