SAWTST, LLC's 15th Year Anniversary
SAWTST, LLC was founded on March 8, 2006, in Georgia by Mr. Ronald W. Saxton. March 8, 2006, was on a Wednesday, under the zodiac sign of Pisces. The US president was George W. Bush; the UK Prime Minister was Tony Blair; Pope Benedict XVI led the Catholic Church. In that special week of March, people in the US were listening to “You’re Beautiful” by James Blunt. “The Lives of Others,” directed by Florian Henckel von Donnersmarck, was one of the most viewed movies released in 2006. While “Kill the Messenger” by Tami Hoag was one of the bestselling books. On TV, people were watching “Conviction.” If you liked videogames, you were probably playing “Star Wars: Empire at War or Dawn of Mana.”
Gunnery Sgt John D. Fry, 28, of Lorena, Texas, died due to enemy action while operating in Al Anbar Province on March 8, 2006. He was assigned to the 8th Engineer Support Battalion, 2nd Marine Logistics Group, II Marine Expeditionary Force, Camp Lejeune, N.C. Although I had never met Sgt Fry, he and many other Soldiers, Sailors, Airmen, Coastguards, and Marines were my inspiration for starting SAWTST, LLC.
The Small Business Administration (SBA) states that 34% of new businesses fail during the first two years of being open, 50% during the first five years, 66% during the first ten years, and only 25% of new businesses make it to 15 years or more, reaching this milestone moment.
Due to the pandemic, a study found 163,735 businesses listed that were operating in April 2020 had closed by September 2020. That averages out to more than 800 closures per day. This seems to be the norm as SAWTST, LLC moves into 2021. These numbers are likely to further shift the balance of power and jobs toward big businesses that have a better chance of surviving the uncertain year ahead by borrowing money or drawing on large cash reserves.
SAWTST, LLC is marking its 15th year in business. This would normally be a time of celebration. However, the past year has led to permanently closing so many small businesses. I wish all those small business owners have the opportunity to bounce back in the years to come. As for SAWTST, LLC, I thank all of our friends, family, clients/customers but most of all, our employees. Our employees are the backbone of this organization. Without you, we could not have accomplished this milestone in the company’s history. Thank you for all of your hard work and dedication.
I look forward to fifteen more years and the growth and accomplishments to come.
Ronald W. Saxton
Chief Executive Officer (CEO)