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Steve Schwartz

Steve Schwartz

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What Does It Take For A Business To Last 20 years?

Posted by Steve Schwartz on 6/23/20 3:36 PM

According to JP Morgan Chase, “51 percent of small businesses are 10 years old or less, and 32 percent of small businesses are 5 years old or less. Roughly a third of new businesses exit within their first two years, and half exit within their first five years.”  To last 20 years in the competitive landscape of American business is an accomplishment certainly worthy of celebration. The year 2020 marks the 20th year Diamond Mowers has been in business and there are a few notes on our path to this milestone worth sharing.

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Topics: 20 Year Anniversary

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