Recent
News

5/14/2020 | ProPublica
The Trump Administration Says a New Bailout Program Will Help 35 Million Americans. It Probably Won’t.

If the Main Street program is useful, it won’t be for businesses on literal Main Streets across America. The minimum loan amount of $500,000 makes it inaccessible to the small businesses — the local pizzeria or day care center — currently gasping for cash across America. And the Fed’s idea of what constitutes a midsized business is many orders larger than is commonly meant by the term; the National Center for the Middle Market at Ohio State University, for example, defines the upper bound as $1 billion in revenue.

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4/30/2020 | ad exchanger
Publicis Groupe Launches Tool To Help Midsize Businesses Weather The COVID-19 Crisis

Generally defined as companies with somewhere between $10 million and $1 billion in annual revenue, they’re too big to qualify for the stimulus money earmarked for small businesses, but they’re dealing with the same adverse economic conditions – and many are struggling.

One in four midsize businesses believe that the fallout from the ongoing COVID-19 pandemic will be catastrophic for their business, said Carla Serrano, chief strategy officer at Publicis Groupe, citing research conducted by the National Center for the Middle Market.

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4/16/2020 | American Inno
Marketing next – innovation in the COVID-19 crisis

His organization recently completed a study of 250+ companies asking about the impact of COVID-19. “Overall, they said that they were shelving plans — delaying them,” said Stewart.

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4/14/2020 | Thomas
Has the M&A Market Caught a Virus Too? Dickinson Bransford

Almost 30% of America’s middle-market companies ($10-999 million annual revenue) are at least partly owned by private equity funds or family offices investing that way, according to the National Center for the Middle Market.

Many inefficient or highly fragmented industries (like contract manufacturing) have been consolidating already and that private capital flood will continue to fuel the consolidation if not accelerate it. The reason is that most private equity-funded companies are successful.

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4/3/2020 | VALUEWALK
COVID-19’s catastrophic impact on middle market companies

The National Center for the Middle Market (NCMM) announced today that the coronavirus (COVID-19) pandemic will have a catastrophic impact on as many as 25 percent of U.S. middle market companies.

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3/30/2020 | Columbus Business First
How Central Ohio businesses can emerge stronger after the pandemic

Now is also a good time to look at what kinds of job skills are needed for the company in the medium and long term, and figure out how to get your workforce trained on those skills, Stewart said. For instance, he said, disruptions from companies going to remote work will be short-term, but once companies and their people adapt, this digital flexibility is likely here to stay.

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