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WPO Economic Impact Survey: While Women-Owned Businesses Are Growing And Hiring The Economy Is Still A Concern

Stocks in this article: KEY

Peer Advisory Aids GrowthThe backbone of the WPO is peer advisory, and members are able to connect with like-minded women from a vast array of industries to discuss challenges and strategies in a trusting environment. The impact of peer advisory is clear: 73% of WPO member businesses have grown since joining the organization. 15% have grown by 50% or more; 10% have grown from 25%-50%; 16% have grown from 15%-25%; and 30% have grown from 5%-15%; 85% said that participation in a WPO chapter helps them manage their business concerns.

The WPO currently has over 100 chapters with more than 1,700 members from around the world. In 2013 alone, the WPO has expanded into new markets including Australia, New Zealand, Johannesburg, Istanbul, Mexico City and the Middle East/ North Africa, where women are achieving unprecedented levels of success and hitting the multi-million dollar revenue requirement for membership.

MethodologyWPO members were surveyed for their responses in July/ August 2013. Members responded in an anonymous electronic format. This survey was sponsored by KeyBank and had a sample size of 317 women leaders and owners of multi-million dollar companies. Additional survey data and interviews are available upon request.

About Key4Women Founded in 2005, Key4Women is a national program that helps women entrepreneurs, professionals, nonprofit leaders and consumers to achieve their goals by providing access to capital, customized solutions, ongoing education and networking opportunities. Among the nation's largest financial services companies and a leading small business lender, Key provides financial services to thousands of women-owned businesses in 14 states and continuously exceeds lending goals focused on women-owned businesses. Visit Key4Women for more information.

About KeyCorp Key traces its history back more than 160 years and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $91 billion.

Key (NYSE:KEY) provides deposit, lending, cash management and investment services to individuals, small and medium-sized business in 14 states under the name KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

Visit KeyBank for more information, and follow KeyBank on Facebook, on Twitter@KeyBank_News and @KeyBank_Thrive. KeyBank is Member FDIC

About the WPOThe WPO is the premier peer advisory organization connecting women who lead and own multi-million dollar companies. In monthly meetings across the world, women from diverse industries invest time and energy in themselves and their businesses to drive their corporations to the next level. Local WPO chapters are coordinated by a professional facilitator and meet monthly to share business expertise and experience in a confidential setting. For more information, call 212-688-4114 or visit www.womenpresidentsorg.com.

Contact: Susan Johnson Women Presidents' Organization sjohnson@womenpresidentsorg.com 212-688-4114 Office 917-601-5778 Mobile

SOURCE Women Presidents' Organization

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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