@ 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.