Businesses upbeat as they head into 2005
Go ahead, pop the cork--it's going to be a happy new year for most businesses.
An index of small business indicators just hit its highest level since 1983, economists predict solid growth in 2005 and venture capitalists plan to invest again in startups and early-stage companies.
But don't go overboard on the bubbly. High energy prices and rising wage pressures could squeeze profit margins, and there are signs of overspeculation in unproven stocks and residential real estate. You don't want to party like it's 1999.
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But don't go overboard on the bubbly. High energy prices and rising wage pressures could squeeze profit margins, and there are signs of overspeculation in unproven stocks and residential real estate. You don't want to party like it's 1999.
External Source - For the complete article click here
