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#328: Insights from Surveying 1,000 Middle-Market Companies in 2022 with Doug Farren from the National Center for The Middle Market
We all know how well the stock market is doing on any given day. All we have to do is pull out our phone or turn on the TV. What happens if you want to know how well the middle market of private businesses are doing? Where would you find the data? It’s not as easy as pulling out your phone, which is exactly why we did today’s interview.
The middle market (businesses from $5 million to $1 billion) make up one-third of the US GDP. If this segment of companies was its own country, it would be the fifth largest GDP in the world. Even with the sheer size of the market, these companies don’t get a lot of attention; therefore, there is limited data, insights, and leading indicators on the overall health of over one-third of the US GDP.
Today, Doug Farren, Director of The Center for the Middle Markets, is on the show to share the results of their semi-annual Middle Market Indicator (MMI) where they surveyed 1,000 middle-market companies.
Doug reviewed the results of the MMI, discussed the five focus areas of the report (listed below), and how well the middle market is doing compared to over ten-plus years of the survey. Along with diving into the MMI, Doug also shares the findings of a new report they just wrapped up called “Owner Transitions in the Middle Market.”
Because of how big the middle market is, if something big were to happen in that part of the economy, it affects all of us. That’s why these reports and what the National Center of the Middle Market is doing are so important.
WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn
The mission, and the reason for the existence of, the National Center for the Middle Market.
How the National Center for the Middle Market captures their information from 1,000 middle-market companies two times per year.
The 2022 findings behind the five main focus areas of the MMI survey:
The three big issues middle-market companies are worried about when looking into the future.
How the COVID disruption is still impacting supply chains and middle-market companies.
An overview of the hiring and recruiting issues in middle-market companies.
How the middle market is dealing with returning to the office and/or hybrid work.
What most business owners are doing with their proceeds after they sell.
The three challenges that business owners are having when preparing to sell.
How large Fortune 500 companies are getting help from the National Center for the Middle Market.
Why everyone shou
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By Arkona - Intentional GrowthWe all know how well the stock market is doing on any given day. All we have to do is pull out our phone or turn on the TV. What happens if you want to know how well the middle market of private businesses are doing? Where would you find the data? It’s not as easy as pulling out your phone, which is exactly why we did today’s interview.
The middle market (businesses from $5 million to $1 billion) make up one-third of the US GDP. If this segment of companies was its own country, it would be the fifth largest GDP in the world. Even with the sheer size of the market, these companies don’t get a lot of attention; therefore, there is limited data, insights, and leading indicators on the overall health of over one-third of the US GDP.
Today, Doug Farren, Director of The Center for the Middle Markets, is on the show to share the results of their semi-annual Middle Market Indicator (MMI) where they surveyed 1,000 middle-market companies.
Doug reviewed the results of the MMI, discussed the five focus areas of the report (listed below), and how well the middle market is doing compared to over ten-plus years of the survey. Along with diving into the MMI, Doug also shares the findings of a new report they just wrapped up called “Owner Transitions in the Middle Market.”
Because of how big the middle market is, if something big were to happen in that part of the economy, it affects all of us. That’s why these reports and what the National Center of the Middle Market is doing are so important.
WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn
The mission, and the reason for the existence of, the National Center for the Middle Market.
How the National Center for the Middle Market captures their information from 1,000 middle-market companies two times per year.
The 2022 findings behind the five main focus areas of the MMI survey:
The three big issues middle-market companies are worried about when looking into the future.
How the COVID disruption is still impacting supply chains and middle-market companies.
An overview of the hiring and recruiting issues in middle-market companies.
How the middle market is dealing with returning to the office and/or hybrid work.
What most business owners are doing with their proceeds after they sell.
The three challenges that business owners are having when preparing to sell.
How large Fortune 500 companies are getting help from the National Center for the Middle Market.
Why everyone shou