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Wearable tech for employees: Good or bad?

Make no mistake, healthcare costs are rising. For business owners who are generous enough to offer their employees insurance, this is undoubtedly a cause for concern. And you may wonder, is there any way to protect your employees and not go bankrupt in the process? Wearable technologies may be the answer. Here’s what you need […]

Sleep soundly with these Android tablet tips

Sleep is vital to your business. It enables you to focus, make smart decisions, communicate with colleagues and vendors, and accomplish tasks for business growth. And while your Android tablet may be a useful tool to help you accomplish some of these tasks, it may also be disrupting your sleep. Here’s how to ensure this […]

Office 365 Groups: your apps under one roof

Nowadays, people have dozens of tabs open in their web browsers to access services that help them with work or catch up on social media. The problem is, it’s easy to lose track of all these opened windows and apps just to get to the information you need. The new update to Office 365 Groups […]

10TH ANNUAL GROWTH STRATEGIES SURVEY RESULTS April 1, 2016

@ Ballantree Consulting 2016 All Rights Reserved

10TH ANNUAL GROWTH STRATEGIES SURVEY RESULTS

April 1, 2016
Survey Population

300 Businesses in the Greater Philadelphia Area
Over 90 Survey Respondents
Annual Sales of up to $400 Million
Sole-proprietorships to 1,250 employee base
Privately-held, Employee-held, and Publicly-held companies
For-profit and not-for-profit companies

Revenue Breakdown of Respondents

10% - Less than $1 Million
27% - Between $1 Million and $5 Million
22% - Between $5 Million and $10 Million
32% - Between $10 Million and $50 Million
9% - $50 Million or greater

KEY HIGHLIGHTS
 Predictions are more conservative …
 Year-over-year predictions for overall economic conditions:

 
2009
2010
2011
2012
2013
2014
2015
2016
 

Contraction
50%
10%
2%
4%
12%
4%
0%
12%
 

Expansion
29%
45%
81%
66%
59%
62%
69%
56%
 

No Change
21%
45%
17%
31%
29%
34%
31%
32%
 

The 2015 economic conditions (for the second year in a row) allowed business owners to find increased opportunities for growth, increase business development efforts, make improvements to business models and strategies, explore new revenue streams, and hire some great people.

How to calculate your technology ROI

When purchasing new technology, how often do you consider its return on investment? For many business owners, calculating ROI is a tricky task that is sometimes skipped altogether. It shouldn’t be because if IT isn’t saving you money, it’s costing you. Here’s how you can gain a better understanding of technology ROI and how you […]

5 Benefits of self-service kiosks in hospitals

More patients are turning to a self-service approach when it comes to healthcare. Now this doesn’t mean they’ve taken to operating on themselves, but they are checking into hospitals without the help of medical administrators. Similar to portal technology, self-service kiosks can help streamline administrative tasks like hospital registration and payment. So is self-service a […]

The security risks of virtualization

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7 Warning signs of malware infection

As companies go to the Internet to conduct their business, their IT security becomes more vulnerable to many hackers and viruses. That’s why it’s even more important to recognize whether or not your systems are under threat from malicious software to swiftly fend off the infection. So how do you know if your company’s IT […]

Native ad blocker is coming to this browser

Ad blocking is here to stay. Safari, Google Chrome, and Firefox all have extensions that make it possible, and now Opera has added an ad blocking feature directly into the browser. Should your business be concerned? Well it all depends on how much money you spend on online ads. Here’s the lowdown on Opera’s new […]

7 Ways to customize your Windows 10

Whether you want to have a darker color scheme, run several apps at the same time or have multiple desktop displays, Windows 10 gives you many options to personalize your PC. And while some customization options are less obvious than others, it is well worth the effort to get your Windows 10 to act and […]