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Growth No Guarantee of Success as 1 in 5 Fast Track Business Fail

THINKING BIGGER, GROWING FASTER: ANALYSING THE FAST TRACK 100 1 in 5 business from the last decade of the Fast Track are no longer trading FOR SALE Only 47% of the companies that featured in the Fast Track 100 rankings at the start of the decade are still in business today, according to analysis from SAP and Delta Economics. 29% 26% I 2006 - 2010 High growth companies are growing 2001 - 2005 more slowly. The average rate of growth shrank from 29% in 2001 - 2005 to just 26% in the past Manufacturing is disappearing. Seven manufacturers were in the 2001 Fast Track, three in the 2008 and none in 2009 five years 2000 21 18 2005 Number of manufacturing companies in the Fast Track 100 15 18 26 2010 24 Retail is going the distance. While IT has had a maximum of four Fast Track businesses in any 15 18 13 Number of retail services companies in the Fast Track 100 one year since 2001 retail had a staggering 21 in 2010 alone 2000 2005 2010 13 12 15 11 11 SAP BIGGER 2001 2009 Number of financial services companies in the Fast Track 100

Growth No Guarantee of Success as 1 in 5 Fast Track Business Fail

shared by knawrz on Mar 27
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SAP UK & Ireland and Delta Economics have today announced findings showing that only 47% of companies that featured in the Fast Track 100 rankings at the start of the decade are still in business today.

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SAP

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Love and Sex
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