What Florida Businesswomen Expect from Companies They Lead in 2015

Kaufman Rossin | Kaufman Rossin featured in Tampa Bay Business Journal | April 13, 2015

Four companies in the Tampa Bay area are among the top 50 women-led for-profit organizations in Florida. The companies were identified as part of a survey by The Commonwealth Institute of South Florida and Kaufman Rossin, a South Florida-based accounting firm.

Included in the top 50 list are: Miranda Monahan, president, M-PowerTech and M-PowerTech Asset Recovery Services in Bradenton; Ann Duncan, president and founder, Vertical Integration Inc., a real estate firm in Tampa; Brenda Wise, president, GLT Total Office in Lakeland; and Yvonne Fry, executive producer at Lines of Communication, a technology firm in Plant City.

Women who lead Florida businesses have an optimistic view of their current
status and future prospects, according to the wide-ranging survey. Among
the findings:

  • 55% reported their company grew in the past year
  • 85% project moderate or substantial growth in their firms’ revenue
    this year
  • 60% expect to increases staff numbers
  • 55% of those who founded their own companies said the main source of financing was their own savings
  • 23% used a bank loan, and 7% had a Small Business Administration loan

Of the nearly 350 survey respondents, more than 70% have been in business more than 10 years with annual revenue ranging from less than $500,000 to more than $10 million. Most survey participants have one to five employees and range across numerous industries including professional services, health care, construction and education.