“But rather than hunker down and endure, middle market leaders endeavor to move forward to refresh strategy and enhance agility.
Many middle market companies persevered through levels of transformation and disruption in one year akin to what some companies experience in a full lifecycle,” said Wayne Berson, CEO of BDO. “Unprecedented was the buzzword in 2020 for good reason. While financial forecasts vary, industries like technology, life sciences and healthcare that helped to power business continuity and advance COVID-19 care are particularly optimistic for growth in 2021. A majority forecast economic recovery (60%) and revenue increases (56%) in 2021. According to the 2021 BDO Middle Market CFO Outlook Survey, CFOs anticipate the new year will bring recovery and new opportunities. CHICAGO-( BUSINESS WIRE)-Middle market companies took advantage of newfound clarity in crisis and are poised not just for a return but a renaissance.