CFO reports, according to a survey, that private companies are expecting revenue growth to soar far past that of GDP and are in hiring mode not seen since pre-recession days.
Private companies continue to grow at a healthy pace and experience strong profit margins, according to the latest Private Company Report from Sageworks, a financial information company.
An article posted on CFO.com cited a report that indicates private companies are less likely to default on debt, making them well-positioned to secure loans for expansion.
In the first quarter of 2013, private company executives’ optimism about the 12-month prospects for the U.S. economy rose eight points, according to the latest PwC US Private Company Trendsetter Barometer.
According to a recent PwC U.S. study, U.S. private companies are embracing innovation to help them fulfill their growth agendas.
The Newport Board Group, a national business advisory firm of CEOs that serve the middle market, reveals five predictions for 2013 for private companies.