State of Women-Owned Small Businesses
In conjunction with celebrating National Women’s Small Business month, Dun & Bradstreet and Pepperdine University have released new data showing how women-owned small businesses stack up against the national average for accessing capital.
The Q3 results from the Private Capital Access (PCA) Index
show that women-owned businesses are feeling more optimistic for growth compared to other businesses, however they are feeling more restricted when it comes to accessing capital. Other key facts include:
- ·69% of women-owned businesses are planning to hire in the next six months (compared to 61% national average)
- ·67% of women-owned businesses are in need of financing due to planned growth (compared to 59% national average)
You an access the full PCA Q3 index report at this link.
Infographic link here