High Growth Firms Tend to be Old Fogies, Not Startups
A new study out by the SBA’s Office of Advocacy proves just how much time it takes to get to be a fast growing business. The study, entitled "High-Impact Firms: Gazelles Revisited 3", highlights a group of businesses that they call high impact firms. This study found that high-impact firms, which are high revenue and high employment growth firms, are on average 25 years old!
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