Aldrich West Coast Private Company Report 2025

TITLE TRANSITION Outside of sales and revenue, what are the top priorities for your business over the next 12 months? OPERATIONS | Priorities

69%

Overall

Improving operations (efficiency, productivity, technology, etc.)

67%

72%

California

67%

61%

Oregon

54%

Customer satisfaction

67%

63%

Washington

56%

69%

Grow market share

51%

47%

54% 54%

Hiring new employees

51%

57%

40%

46%

Expansion (locations, offerings, services)

36%

37%

WEST COAST EXECUTIVES

30%

Current employees (satisfaction and engagement)

“We are looking into the possibility of expanding into new states or regions that show strong growth potential.” “Investing more in research and development can help create new ideas and unique products that stand out in the overall market.” “Expanding into international markets presents a chance to tap into new business opportunities and diversify our revenue streams in 2025.”

21%

31%

40%

19%

13%

Diversification

23%

20%

11%

Preparing next gen/ succession planning

15%

10%

7%

6%

5% 5%

Acquisitions/joint ventures/partnerships

10%

| Respondents could select more than one answer

16

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