Blog

A potential customer’s first impression of your company is established when they visit your website. Many small business owners know this, and that’s why it’s important to keep up-to-date with web trends. Nowadays, responsive web design has become a popular trend for companies. This is a design style that focuses not only on visual appeal […]

Most business owners are quick to think that utilizing mobile devices automatically leads to more productivity. Unfortunately, this is not always true. A poor mobile device policy can actually lead to burnout and see your employees become overwhelmed by technology. Here’s how to avoid these pitfalls and get the most out of mobile devices in […]

Recently, Windows 10’s Anniversary Update announced some pretty cool features that you didn’t even know you wanted. Some of these changes include making Cortana an even better personal assistant, automatically putting your laptop in battery saver mode, allowing you to choose for Windows to update, and more. Now how will these new features help small […]

Many business owners think that Virtualization and Disaster Recovery are two separate services. And while that’s true in most respects, they actually have more in common than you think. Particularly in how Virtualization can serve as a legitimate Disaster Recovery solution. Here are the details of how it does just that, and some pointers to […]

In the 21st century, personal computing is with us wherever we go. This is all thanks to the proliferation of mobile devices such as smartphones and tablets. These devices allow us to take work home with us. And, with bring your own device (BYOD) strategy, businesses have never been so productive. However, BYOD poses a […]

iOS updates for iPhone happen on a regular basis. And while you may be in the habit of updating without giving a second thought, there are benefits to being patient and prepared. By doing so, you may end up saving yourself from unnecessary headaches that come along with a premature iOS update. Here are some […]

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 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 […]

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 […]

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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.