economy

  • The Impact of Small and Medium-sized Businesses

An Economic Force – The Impact of Small and Medium-sized Businesses

In 2019, the U.S. Small Business Administration recorded a total of 30.7 million small businesses in the United States. This translates to small businesses making up 99.9% of American businesses. On the other hand, medium-sized businesses are making their own economic impact. The Government of Canada found that 21,926 of all Canadian companies (or 1.9% of Canadian firms) were medium-sized businesses.

While many may have their attention on Fortune 500 companies, these statistics prove that SMEs (Small to Mid-size Enterprises) help drive the economy of any nation forward. But what are the exact contributions of small and medium-sized enterprises? In this article, we list three specific impacts and how SMEs became an economic force to be reckoned with.

 [···]

Read More

How to Tell if it’s the Right Time to Grow Your Business | Extraordinary Business

Expanding your business is almost always on an entrepreneur’s agenda. Whether it’s increasing your revenue from $1 million to $10 million or beyond, your decisions regarding how to expand are crucial. Ascertaining the right time to grow is one of the key qualities of successful entrepreneurs.

Business expansion comes with some inherent risks and your ability to identify the ideal conditions for growth will determine your continued success. Let’s look at some key indicators that tell you whether it’s the right time to grow your business.

 [···]

Read More

How to Tell if it’s the Right Time to Grow Your Business | Extraordinary Business

Expanding your business is almost always on an entrepreneur’s agenda. Whether it’s increasing your revenue from $1 million to $10 million or beyond, your decisions regarding how to expand are crucial. Ascertaining the right time to grow is one of the key qualities of successful entrepreneurs.
Business expansion comes with some inherent risks and your ability to identify the ideal conditions for growth will determine your continued success. Let’s look at some key indicators that tell you whether it’s the right time to grow your business.

 [···]

Read More

Focus…Plan…Reach: Plan – overview of Business Systems Planning

Below is a portion of the ‘Focus…Plan…Reach: Moving Beyond Today’s Economy’ presentation.  This portion is the “Plan” Section that discusses viewing a business as a system, and prioritizing planning and decision making for the business leader or executive.clip_image002

Enjoy!  I welcome your comments.

“> “>

At Aepiphanni Business Solutions, we are a Small Business Consulting Firm dedicated to serving the needs of small business owners. We specialize in helping you develop strategies for your organization, and are committed to your success. If you have further questions about creating your strategy or developing your vision, please give me, Rick Meekins, a call at 678-265-3908, or email us at [email protected].


AddThis Social Bookmark Button

Read More