Small businesses experienced sluggish sales growth in 2013, report finds

02/10/2014 | Fox Business Small Business Center

Sales grew at a slower pace at private companies in 2013, and smaller companies were no exception, according to a report from Sageworks. Small-business sales growth clocked in at 4.4% last year, compared with 7.8% the previous year, the report found. "Until business owners see an opportunity to reinvest in their companies, we might not see significant growth," said Libby Bierman, an analyst with Sageworks.

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