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.