Infographic: How Small and Midsize Businesses Are Key to Growing the Economy
It's easy to get caught up in the exciting new ideas behind start-ups, and big businesses attract attention because their size makes their impact impossible to ignore. But it might surprise you to know that the businesses that fall between those two categories—especially younger companies who are transitioning from start-up to major enterprise—play a key role in the economy.
Data on small-and-medium size businesses show that they drive economic growth and job expansion as they grow, and as they challenge larger competitors, they rely on innovation and technology to gain an advantage. Understanding the challenges that these firms face will be important rebuilding our economy after three years of recession and high unemployment.
We'll be looking within this universe to find the finalists for our new business index, the GOOD Company Project, based on the criteria for creativity, innovation and sustainability that we'll develop here at over the next few months. Stay tuned.
-
Man transforms bus stop into ‘first class’ experience His goal was to make people “10 percent happier.”
-
Why ancient civilizations couldn’t see the color blue It was the last color to appear in many languages, including Greek, Chinese, Japanese, and Hebrew.
-
What would happen if everyone suddenly became vegetarian? It would change our economy and our environment in drastic ways.
-
Biologist repopulated rare butterfly species in his backyard all by himself Proof that one man can make a difference after all.
-
Belle Delphine banned from Instagram — is her sold-out bath water to blame? She sold her bathwater for $30 a pop.
-
Self-sustainable egg-shaped microhomes are the RVs of the future. They’ll set you back $94,000.
