|Women Business Owners Seek Long-Term Growth, Forego Price Hikes and Apply New Ideas to Endure Sluggish Economy
A majority of women business owners nationwide are seeking growth in the next two years, but many are hesitant to increase their prices or take on risk in the face of rising costs and a stubborn U.S. economy.
The findings from the second phase of the PNC Women Business Owners Outlook also show that many women owners rely on trying new ways of doing things to make business decisions as they endure the slow economic recovery.
The PNC Women Business Owners Outlook surveys women-owned businesses in PNC regions, as well as nationally, and is commissioned by The PNC Financial Services Group, Inc. (NYSE: PNC) This survey1 includes the results from nearly 1,300 business owners and senior decision-makers of small to mid-sized women-owned businesses.
The outlook survey is intended to gauge the mood and sentiment among women business owners about their own expectations, economic factors and other issues that impact the way they will run their business in the coming months.
View the 2011 survey results here.