FAMILY BUSINESS OWNERS
ENTREPRENEURS CONFIDENT ABOUT
REVENUE GROWTH ACCORDING TO
REPORT FROM BANK OF AMERICA
FINDS 58% WOMEN BUSINESS
OWNERS EXPECT REVENUE TO
INCREASE THIS YEAR UP 14% FROM
2017.
PLEASURE TO SEE YOU, THE BIG
JUMP IN OPTIMISM, AND
EXPECTATIONS, WHAT IS DRIVING
IT DO YOU THINK.
>> WELL WOMEN BUSINESS OWNERS
ARE OPTIMISTIC ABOUT THE YEAR
AHEAD GROWTH PROSPECTS FOR
THEIR OWN BUSINESS, THE
ECONOMIC ENVIRONMENT IS
PAYMENTS DIGITAL TECHNOLOGIES,
AND REALLY DEPENDENT ON THOSE
INNOVATIONS TO HELP GROW THEIR
BUSINESS.
>> WHAT ABOUT THE CAPITAL
ACCESS IT TAKES MONEY TO BUILD
AS FEMALE OR MALE INTERPRETER
WOMEN HAVE HAD LESS ACCESS TO
CAPITAL THAN MEN STRUGGLEDING
WITH THAT ARE YOU SEEING THAT
CHANGE ESPECIALLY LAST COUPLE
YEARS WE HAVE BECOME MORE ALL
ABOUT INTOURG WOMEN 30 YEARS
EGG OCTOBER WOMEN HAD TO HAVE
MALE RELATIVE SIGN IT WAS
ELIMINATED FROM ALL STATES 30
YEARS AGO OCTOBER SO YOU THINK
ABOUT THAT, TO SEE THE
PROGRESS HOW FAR WE'VE COME
COMMITTEES TO CAPITAL IS A
CONCERN, AND WOMEN, DO FIGHT
THAT -- IF A THERE ARE
DIFFICULTIES IN GAINING ACCESS
TO CAPITAL BANK OF AMERICA 40%
OF CLIENTS ARE WISCONSIN I'M
CAPITAL, WE PARTNER WITH
CDFI'S, LOM COMMUNITIES TO
HELP BUSINESS OWNERS AS WELL,
SO ACCESS TO CAPITAL IS A
CONCERN WHETHER YOU ARE A
WOMAN OR A MAN, BUT SOMETIMES
THE ANSWER IS IT IS NOT TIME
TO EXPAND TODAY YOU MAY NEED
IS WHERE YOU HAVE THAT
DISCUSSION, AND GIVE-AND-TAKE
I CAN.
DAGEN: TALK ABOUT TIMING OF
IN THIS SURVEY AMONGST FEMALE
BUSINESS OWNERS TODAY IS US
THROUGH SOME NUMBERS, I WAS
LOOKING IT IS A HEALTH CARE
COSTS, 78% SPREAD OF CONCERN
UP 10 PERCENTAGE POINTS FROM
LAST YEAR.
>> HEALTH CARE CONTINUES -- WE
DO SURVEY, TWICE PER YEAR BANK
OF AMERICA AND WE WANT TO
UNDERSTAND WHAT IS ON MINDS OF
CLIENTS WHAT IS HAPPENING, IN
THE ECONOMY.
AND HOW ARE BUSINESS OWNERS
FEELING BECAUSE THEY ARE THE
LIFEBLOOD OF OUR U.S. ECONOMY,
THE 29 MILLION SMALL BUSINESS
OWNERS ACROSS THE UNITED
STATES HEALTH CARE IS THEIR
NUMBER ONE CONCERN, THE COST
THE COMPLEXITY WHEN YOU THINK
ABOUT YOU KNOW, HAVING TO
NAVIGATE THAT AS SMALL
BUSINESS OWNER MAYBE YOU HAVE
A BAKERY OR DRY CLEANER YOU
DIDN'T THINK ABOUT I HAVE TO
NAVIGATE ALL THIS
THE NUMBER ONE CONCERN, AND
CONTINUES TO BE.
>> WHAT ABOUT MOTHERS ARE YOU
SEEING A LOT OF -- OF MOTHERS
THAT ARE BUSINESS OWNERS WE
ARE TALKING ABOUT WOMEN SEEMS
TO ME, LIKE, IT IS -- MUCH
EASIER NOW FOR SOMEONE TO
MULTITASK BE ABLE TO BE AT
HOME MOM RUN A BUSINESS
ARE CFO, SOMEONE CALLS IN THEY
ARE DOING EVERY ROLE WHEN YOU
HAVE LESS THAN 100 EMPLOYEES
YOU REALLY THINK ABOUT IT IS
THE LIFE OF A BUSINESS OWNER,
BUSINESS OWNERS DON'T SEPARATE
THIS IS MY BUSINESS AND THIS
IS MY PERSONAL IT IS ALL
SAY I GOT INTO THIS FOR THE
FLEXIBILITY OR BECAUSE I HAD A
CHILD AND THOUGHT I COULD YOU
KNOW BRING THEM RIGHT TO WORK
BUT TODAY CORPORATE AMERICA AS
WELL AS SMALL BUSINESSES WE
ARE SEEING ALL OF THAT, THAT
WORK LIFE FAMILY BALANCE GOT
TO HAVE IT ALL.
DAGEN: WOMEN CAN GET CREDIT
>> 30 YEARS AGO.