Aug 02, 2011 14:09
Regina Lewis of DailyFinance gives her five lessons-learned from the recent US debt crisis; among them is Sageworks' CEO Brian Hamilton's take on private companies and stagnant hiring. Her five lessons (read the full article here):
#1. Cash is king.
#2. (Political charades are) ridiculous.
#3. Leave us alone: “Companies are looking for clarity. They want the space to make decisions, especially when it comes to their most significant cost -- personnel. We recently spoke with Brian Hamilton, CEO of financial-analysis firm Sageworks, about small businesses' hesitancy to hire full-time workers. The overwhelming sentiment about government intervention in the economy is 'leave us alone,' he says.”
#4. Their house is not like our house.
#5. It's not over till it's over.
See full article from DailyFinance: http://srph.it/pbwtMf