CBeyond, an IT consulting company that focuses on small- to mid-sized business has opened a local office. There have already been 36 local hires, four transplants, and there are plans to have as many as 100 by next March.
Excerpt:
According to CEO Jim Geiger, who founded the Atlanta-based company in 1999, the company expects its local office to be operating in the black within 18 months.
"In that market segment, Detroit is one of the largest markets in the company. I have a saying: 'Fish where the fish are biting,' " said Geiger, who said the Southeast Michigan small-business market is the 11th-largest nationally, with 51,000 businesses.
"And the Detroit market is actually growing, which surprises people. It’s only grown 1 percent in the last five years, but it hasn’t contracted despite all the problems with the economy.
"When a Fortune 500 company closes an office, those people don’t generally join another Fortune 500 company, they join a small company," he said.
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