Years Since Founding
Date created: Oct 12, 2022 • Last updated: Oct 12, 2022
What is Years Since Founding?
Years Since Founding is a scale metric that measures the number of years since the company has been founded.
Years Since Founding Formula
How to calculate Years Since Founding
Imagine there are two companies, A and B. Company A was founded in 2001 and company B was founded in 2010. In the year 2021, it would be 20 years since company A was founded and 11 years since company B was founded.
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It is fairly simple to display your Years Since Founding number on a dashboard. Use a summary chart to display this number alongside other metrics like total funding, employee growth, and customer growth. A dashboard with all these metrics can display your company's achievements in a visual and informative way.
Years Since Founding visualization example
Summary Chart
Years Since Founding
Chart
Measuring Years Since FoundingMore about Years Since Founding
Years Since Founding is used to measure the number of years a company has been in business. Although this metric does not directly impact your business, it can impact your brand. Generally, a company that has been in business for longer can appear to be more trustworthy and reputable, due to the idea that expertise takes time to develop. This is especially true in industries such as insurance, banking, and consumer products where well-known names can hold the advantage of appearing low risk. However, it is important to keep track of industry trends and to always stay relevant in the current market to truly reap the benefits of being an established brand.
Metric Toolkit
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