GVHR » Topics » Our business is subject to risks associated with geographic market concentration.

These excerpts taken from the GVHR 10-K filed Mar 16, 2009.

Our business is subject to risks associated with geographic market concentration.

 

While we currently have offices in 13 states and client employees all 50 states and the District of Columbia, billings from our Florida operations accounted for approximately, 56% in 2006, 50% in 2007 and 56% in 2008. As a result of the size of our base of client employees in Florida and anticipated continued growth from our Florida operations, our profitability over the next several years is expected to be largely dependent on economic and regulatory conditions in Florida and other states representing more than 5% of our billings. As the Florida economy or the economies of other key states experience economic downturns and their growth rates slow, our profitability and growth prospects, or perception of these things, may be adversely affected. In addition, there is no assurance that we will be able to duplicate in other markets the revenue growth and operating results experienced in Florida.

 

Our business is
subject to risks associated with geographic market concentration.



 



While
we currently have offices in 13 states and client employees all 50 states
and the District of Columbia, billings from our Florida operations accounted
for approximately, 56% in 2006, 50% in 2007 and 56% in 2008. As a result of the
size of our base of client employees in Florida and anticipated continued
growth from our Florida operations, our profitability over the next several
years is expected to be largely dependent on economic and regulatory conditions
in Florida and other states representing more than 5% of our billings. As the
Florida economy or the economies of other key states experience economic
downturns and their growth rates slow, our profitability and growth prospects,
or perception of these things, may be adversely affected. In addition, there is
no assurance that we will be able to duplicate in other markets the revenue
growth and operating results experienced in Florida.



 



Our business is
subject to risks associated with geographic market concentration.



 



While
we currently have offices in 13 states and client employees all 50 states
and the District of Columbia, billings from our Florida operations accounted
for approximately, 56% in 2006, 50% in 2007 and 56% in 2008. As a result of the
size of our base of client employees in Florida and anticipated continued
growth from our Florida operations, our profitability over the next several
years is expected to be largely dependent on economic and regulatory conditions
in Florida and other states representing more than 5% of our billings. As the
Florida economy or the economies of other key states experience economic
downturns and their growth rates slow, our profitability and growth prospects,
or perception of these things, may be adversely affected. In addition, there is
no assurance that we will be able to duplicate in other markets the revenue
growth and operating results experienced in Florida.



 



These excerpts taken from the GVHR 10-K filed Mar 17, 2008.

Our business is subject to risks associated with geographic market concentration.

        While we currently have offices in 14 states and client employees in all 50 states and the District of Columbia, billings from our Florida operations accounted for approximately, 55% in 2005, 56% in 2006 and 50% in 2007. As a result of the size of our base of client employees in Florida and anticipated continued growth from our Florida operations, our profitability over the next several years is expected to be largely dependent on economic and regulatory conditions in Florida. As the Florida economy experiences an economic downturn and its growth rate slows, our profitability and growth prospects, or perception of these things, may be adversely affected. In addition, there is no assurance that we will be able to duplicate in other markets the revenue growth and operating results experienced in Florida.

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Our business is subject to risks associated with geographic market concentration.





        While we currently have offices in 14 states and client employees in all 50 states and the District of Columbia, billings from our Florida operations accounted
for approximately, 55% in 2005, 56% in 2006 and 50% in 2007. As a result of the size of our base of client employees in Florida and anticipated continued growth from our Florida operations, our
profitability over the next several years is expected to be largely dependent on economic and regulatory conditions in Florida. As the Florida economy experiences an economic downturn and its growth
rate slows, our profitability and growth prospects, or
perception of these things, may be adversely affected. In addition, there is no assurance that we will be able to duplicate in other markets the revenue growth and operating results experienced in
Florida.



22










This excerpt taken from the GVHR 10-K filed Mar 16, 2007.
Our business is subject to risks associated with geographic market concentration.
 
While we currently have offices in 15 states and client employees in all 50 states and the District of Columbia, billings for our Florida operations accounted for approximately 54% in 2004, 55% in 2005 and 56% in 2006. As a result of the size of our base of client employees in Florida and anticipated continued growth from our Florida operations, our profitability over the next several years is expected to be largely dependent on economic and regulatory conditions in Florida. If the Florida economy experiences an economic downturn or its growth rate slows, our profitability and growth prospects, or perception of these things, may be adversely affected. In addition, there is no assurance that we will be able to duplicate in other markets the revenue growth and operating results experienced in Florida.
 

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Barrett Business Services (BBSI)
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