12-23-2012, 01:28 PM
I have to disagree a bit... my business is still down, and we work with thousands of small to mid size companies every year. They are holding on, but they are not spending money on advertising and marketing as in the past. Everyone is hunkered down. Large business can't support or grow the economy by themselves... even though some of them are sitting on piles of cash.
The other problem I see in my business is the small and mid size business start-ups are virtually nonexistent... and that to me is a great indication of how stagnant and muddled the economy really is. No one is interested in risking their money to start something up with the uncertainty out there.
Our accountant was in Friday to do a year end review, and we still have to hold off our planning because there is no answer on the fiscal cliff, with SIX business days left in the year.
No wonder there is no confidence!
The other problem I see in my business is the small and mid size business start-ups are virtually nonexistent... and that to me is a great indication of how stagnant and muddled the economy really is. No one is interested in risking their money to start something up with the uncertainty out there.
Our accountant was in Friday to do a year end review, and we still have to hold off our planning because there is no answer on the fiscal cliff, with SIX business days left in the year.
No wonder there is no confidence!