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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.

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