In today’s business environment, minority- and women-owned businesses (MWBEs) face steep challenges and unprecedented opportunities. By most accounts, minority communities will comprise some 40% of the U.S. population by the middle of the century. And yet, minority companies currently make up a small portion of the overall corporate landscape in the United States, with only 5% of those businesses claiming more than one million dollars in annual revenue. In a prevailing corporate culture of mergers and acquisitions, being small is a handicap and MWBEs must work to grow and effectively manage the growth of their business. By Anaga Dalal

The Stages of Growth