Despite talk of a looming recession, women-owned businesses report that they expect significant growth this year, according to a recent survey by Paralelles Media Group.
Paralelles states that 84% of the women business owners it surveyed said they foresee growth for their companies in 2008. Even more significantly, Paralelles details, 57% of respondents indicated they will hire additional staff this year to handle the increased workload.
"One in ten women owns her own business today," says Linda Coughlin, CEO and founder of Paralelles Media Group in New York City. "Women-owned businesses are a vital part of the nation's economy -- and they are very optimistic about business in 2008."
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