Women Presidents’ Organization Announces Business Growth

NEW YORK – The Women Presidents’ Organization (WPO) has released the WPO Growth Survey, analyzing the growth of WPO member businesses. WPO surveyed its membership and found that respondents predicted growth from 2006 to continue into 2007, with 64% of the women expecting to hire additional employees within the next year. Respondents said the two biggest challenges for women presidents in 2007 are sales and managing growth.
According to the survey:

• 89% of respondents had an increase in revenues in 2006 over 2005
• 33% of respondents saw a 26% or more increase in revenues in 2006
• 76% of respondents saw an increase in profits
• 66% of respondents hired 1-50 new employees, 52% of which hired 1-10 new employees and 14% of which hired 11-50 new employees
• 84% of respondents predict growth in 2007, 25% of which predict up to 10% growth in 2007 and 56% of which predict 10-90% growth in 2007
• 81% of respondents’ businesses have grown since joining the WPO
• 70% of the respondents believe the WPO has contributed to their economic success
• 76% expect to increase employee salaries in 2007 by an average increase of 7%

Related Links:
http://www.womenpresidentsorg.com
http://www.mmimarketing.com

News Facts:

• The Women Presidents’ Organization (WPO) has released the WPO Growth Survey, analyzing the growth of WPO member businesses.
• WPO surveyed its membership and found that respondents predicted growth from 2006 to continue into 2007, with 64% of the women expecting to hire additional employees within the next year.
• The two biggest challenges for women presidents in 2007 are sales and managing growth.
• According to the survey: 89% of respondents had an increase in revenues in 2006 over 2005; 33% of respondents saw a 26% or more increase in revenues in 2006; 76% of respondents saw an increase in profits; 66% of respondents hired 1-50 new employees, 52% of which hired 1-10 new employees, 14% of which hired 11-50 new employees;
84% of respondents predict growth in 2007, 25% of which predict up to 10% growth in 2007, 56% of which predict 10-90% growth in 2007; 81% of respondents’ businesses have grown since joining the WPO; 70% of the respondents believe the WPO has contributed to their economic success; 76% expect to increase employee salaries in 2007 by an average increase of 7%.

Quotes:
“WPO members continue to experience growth and contribute significantly to the U.S. economy,” said Marsha Firestone, Ph.D., president of the WPO. “Our Business Growth Survey indicates an overall increase in performance in the areas of revenue, profit and employment among women led businesses. If our members are any indication of the overall state of the economy, other business owners have every right to be optimistic about the upcoming year.”

About Women Presidents’ Organization (WPO):
The Women Presidents’ Organization (WPO) locally and internationally connects top women entrepreneurs at the million and multimillion-dollar level ($2 million in gross annual sales or $1 million for service-based business) for greater personal and professional success. In monthly meetings across the US and Canada, chapters composed of 20 accomplished women presidents from diverse industries and backgrounds invest time and energy in themselves and their businesses to drive their corporations to the next level. For more information, call 212-688-4114 or visit http://www.womenpresidentsorg.com.

Keywords:
Women Presidents’ Organization, WPO, Marsha Firestone, Entrepreneur, Women Owned Business, Women Entrepreneur, Peer Advisory Group, Business Growth, B12 Growth Survey

Patty Briguglio
MMI Associates, Inc.
919-233-6600
patty@mmimarketing.com
PR Firms Raleigh, NC

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