16 Nov '11, 3am

Business Owners: Are You A Mover Or A Head Shaker?

Business Owners: Are You A Mover Or A Head Shaker?

by Brad Farris, principal advisor at Anchor Advisors Anchor Advisors, a Chicago-based small business advisory firm , conducted a study on over a 130 business owners to find out what owners of growing companies and those of struggling companies were doing differently. The respondents consisted of mostly founder-led small businesses with sales from less than $1M to over $10M. We categorized business owner respondents into two areas: “Movers,” owners of growing companies, and “Head Shakers,” owners of companies with flat or no growth. With the economic environment trudging along the last several years, we’ve heard many business owners say that “flat is the new up,” but despite the bad-weather economy, we found many owners that managed to grow their businesses – by over 25% since 2008. In the study, Movers & Head Shakers: A Study on Business Owners of Growing & Struggling Comp...

Full article: http://www.youngupstarts.com/2011/11/16/business-owners-a...

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