1. : a particular way of accomplishing something or of acting. 2. Dictionary: Definition of procedure.
Fastest-Growth Industries for U.S. Small Businesses in 2012. 1  Residential building construction: 14.77 percent. 2  Building custom software and servers for businesses: 14.29 percent. 3  Machinery, equipment, and supplies merchant wholesalers: 13.75 percent.  Management, scientific, and technical consulting services: 12.31 percent.
Among the broader business universe, it's accepted that growth companies are growing faster than the overall economy, mature companies are growing at about the overall rate of the economy, and companies in decline are growing slower than the overall economy.