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About American Express Global Commercial Payments

Through its Global Commercial Payments division, American Express offers a suite of payment and lending products that help businesses and organizations of all sizes gain financial savings, control and efficiency. Global Commercial Payments provides solutions for travel and everyday business...
About American Express Global Commercial Payments

Through its Global Commercial Payments division, American Express offers a suite of payment and lending products that help businesses and organizations of all sizes gain financial savings, control and efficiency. Global Commercial Payments provides solutions for travel and everyday business spending, cross border payments, global currency solutions, and business financing .

To learn more about Global Commercial Payments visit business.americanexpress.com

To learn more about American Express OPEN, which provides products and services for small businesses and entrepreneurs in the United States, visit www.OPEN.com
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Outlook of Women Small Business Owners American Express 2016 Holiday Growth Pulse


Women Business Owner Highlights. Noteworthy women business owner highlights are as follows:

  • 100% feel confident that they can access the funding they need to grow their business during the holidays
  • 87% feel this year’s holiday sales will be the same or stronger than last year (vs. 90% of men and 88% overall)
  • Seventy-seven percent plan to grow their businesses (vs. 72% of men and 74% of businesses overall)
  • The biggest challenge they face as they prepare for growth is acquiring new customers (22%)
  • Over two-thirds (68%) will give a holiday party for staff (vs. 70% of men)
  • They will spend an average of $2,160 on their holiday party vs. $3,650 spent by men
  • 48% feel they need to be more aggressive in sales and promotions to stand out in the holiday season (vs. 44% of men)
  • 47% expect their business to be making gains in the next quarter , 37% say maintaining the status quo and 9% say expanding in leaps and bounds
  • They plan to spend an average of $3,300 on gifts for clients and customers (vs. an average of $10,400 that men plan to spend)
  • 44% say employee productivity will be a greater concern at their company during the holidays
  • They measure success for the holiday season by adding new customers and reaching a certain sales goal (each 45%); men measure success by adding new customers (46%)
  • 36% think their company’s potential for growth in 2017 is contingent on a successful 2016 holiday season
  • 14% plan to hire additional staff for the holiday season (vs. 18% of men)
  • The holiday season is typically responsible for 21% of their company’s yearly sales (vs. 20% for men)


Holiday Outlook

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