The description of sales growth and possible growth thresholds is the main objective of this study. Smaller firms are shown to grow at a faster rate than larger ones. Most of the companies with minimum annual sales of 40,000 € are not growing, but stagnating or shrinking. The same is observed for firms in all size classes until annual sales exceed 1.5 million €, where the majority of observations indicates sales growth. Between these two size classes, the majority of companies has to cope with declining sales or stagnation. We therefore suggest that middle-sized microenterprises seem to be especially affected by barriers to growth.
Schneck, S.; Werner, A.; Wolter, H.-J. (2015): Umsatzwachstum und Wachstumsschwellen deutscher Unternehmen, IfM Bonn: IfM-Materialien Nr. 240, Bonn.