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Private companies paying bills later - Sageworks Stats @ Forbes.com

Posted by Mary Ellen Biery
Private companies paying bills later - Sageworks Stats @ Forbes.com

U.S. companies continued to guard their cash flows despite increasing sales in 2011, reflecting continued uncertainty in the economic recovery and slower paying customers. Privately held businesses, which account for up to 70 percent of GDP and generate 80 percent of new jobs, stretched their average time for making payments to the highest level in a decade. ...

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What hiring will 2012 bring?

Posted by Mary Ellen Biery
What hiring will 2012 bring?

The key to improved hiring will be businesses’ attitudes about adding workers, and financial information company Sageworks recently found some encouraging data. ...

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Are things getting better for small business?

Posted by Mary Ellen Biery
Are things getting better for small business?

After months of understandable pessimism, small business owners caught a bit of holiday-time cheer. By most measures, recent retail sales have been better than analysts expected going into the 2011 holiday season. ...

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ABC News - Economy 2011: Signs point to slow improvement

Posted by Sageworks
ABC News - Economy 2011: Signs point to slow improvement

Nearing the year-end, analysts weighed in on the economic improvement (or lack thereof) experienced in 2011. Brian Hamilton, CEO of Sageworks, a financial information company, spoke with ABC's Richard Davies to weigh in on the performance of privately held companies over the past year when factors such as the unemployment rate remained weak. ...

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The customer knows best: Juice your sales with customer insight

Posted by Mary Ellen Biery
The customer knows best: Juice your sales with customer insight

Market research, customer insight – they both mean tapping into a business’s greatest resource: its customer base. Many companies are still struggling to grow revenue in the slow-growing economy, and they’re looking for new ways to do that. One possible way is to use customer insight. ...

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Americans are back in “stuff-getting” mode

Posted by Sageworks
Americans are back in “stuff-getting” mode

“Things are going well, almost across the board with private company retailers,” Brian Hamilton of Sageworks said Monday, speaking on the radio network’s The Daily Wrap show. “As a society, we continue to buy more stuff. We’re stuff getters, and it looks like we’re back in that mode.” ...

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Forbes - Sageworks Stats: Where the jobs are

Posted by Mary Ellen Biery
Forbes - Sageworks Stats: Where the jobs are

November's job report Friday held positive news in the lower unemployment rate even though employers added fewer workers to their payrolls than had been forecast and average hourly earnings ticked down by 0.1 percent. ...

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Pump up profitability

Posted by Sageworks
Pump up profitability

U.S. consumer confidence improved in November from last month. But with the failure of Congress's supercommittee to reach an agreement on the deficit and unemployment still around 9 percent, consumers - who generate 70 percent of all economic activity - may remain uncertain about the future. ...

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