Growing Small Firms, Growing Employment

“Experts on business development have coined the term “gazelles” to describe high growth companies. The gazelle encapsulates characteristics such as speed, energy and dexterity, and provides an apt description for successful, expanding firms. The gazelle, however, is not an animal given to domestication. Studying it requires a process of patient observation. Similarly, understanding what differentiates the small business that scrapes by year to year with no real prospects of growth, from the firm that achieves gazelle status and expands employment, requires careful and considered analysis, over a period of time.”

 

 

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