Sageworks chairman Brian Hamilton offered his assessment of the State of the Union address for private companies.
His company provides financial information on private companies and financial analysis software for them.
“Most business owners care more about paying their bills than party politics. That being said, business owners will be paying attention to the President’s speech tonight, if only to identify upcoming policy shifts that will affect their company. Private companies want to know what’s coming down the pike that’s going to affect their cash flow, especially with upcoming sequester and uncertain economic outlook. They are concerned with their cash. Anything that disrupts that or is a risk to that is something that they will definitely be listening for.”