Revenue gains slowing for private companies

09/26/2013 | CFO.com

Privately held companies have grown an average annual rate of 3.8% in 2013, according to a Sageworks estimate, compared with more than 9% growth in each of the previous two years. "Business owners will be even less likely to add to overhead and to take on new employees if their sales aren't growing at the tremendous rates we've seen in the past," says analyst Libby Bierman.

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