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WIPP Research Review -- The State of Women-Owned Business Report 2012
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When: Tuesday, June 5
9am PT/12pm ET
Where: Webinar
Contact: AnnaKate Kallay

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WIPP Research Review -- The State of Women-Owned Business Report 2012

Tuesday, June 5th at 12pm ET/9am PT

Join WIPP and researcher Julie Weeks, President and CEO, Womenableto discuss the findings of the American Express OPEN 2012 State of Women-Owned Business Report to understand how this information impacts your business.

As of 2012, it is estimated that there are more than 8.3 million women-owned businesses in the United States, generating nearly $1.3 trillion in revenue and employing nearly 7.7 million people, according to the second annual American Express OPEN State of Women-Owned Businesses Report. The growth in the number (up 54 percent), employment (up 9 percent) and revenues (up 58 percent) of women-owned firms over the past 15 years exceeds the growth rates of all but the largest, publicly-traded firms.

Great news for women-owned businesses right? To a point. While it's true that women-owned firms continue to grow in number and economic stature, OPEN president Susan Sobbott notes, "Even as women-owned firms continue to grow in number at rates exceeding the national average, enterprises at the $250,000 to $499,999 revenue mark are at a turning point in their development. In order to further advance and grow these businesses, new management tools must be implemented.”

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