Tuesday, June 24, 2008

Mid-sized Business is Good Business

So sayeth the Indiana Chamber of Commerce by way of the Indianapolis Business Journal:
Mid-sized companies are a lot like middle children in a family, a new Indiana Chamber of Commerce study has found. They tend to achieve a lot, but don't get the attention they deserve.

The businesses amount to only 3 percent of all businesses in the state, yet generate 30 percent of the jobs and more than 40 percent of the sales, the study found. Indiana has 3,789 companies fitting the mid-size description of $5 million to $100 million in annual sales.
Frankly, this ought not be a great surprise to many. The Indiana Democratic Party talked about it this past Saturday at the convention. Yet these same businesses may lack the ability to provide the benefits of our vanishing auto industry. Which makes another reason to support national health care.

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