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"At the end of the day, the client budget isn't growing; in some cases it's shrinking," said Dave Marsey, a senior vice president at Digitas, part of the Publicis Groupe.
Tim Moore, senior economist at Markit, blamed uncertainty over the outcome of the general election, with building firms pointing to delays in client budget setting and a reduced commitment to building projects.
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Dean Jarrett, a spokesman for Martin, attributed the closing to the unfavorable business climate in San Francisco, citing client budgets that failed to materialize and insufficient new business opportunities.
Most client budgets range from around $100 to $10,000, with most projects averaging at about $350.
The explanations included that companies eliminated these approaches because of recession-related internal staffing reductions (I03) or reduced client budgets (I03).
Client budgets are smaller, making it crucial for service providers to have a strategy that works the first time rather than relying on a drawn out trial and error process.
Client budgets are limited.
Senior staff need and deserve higher pay, but client budgets don't always keep pace with that.
But because her clients' budget was higher than what the owner had initially asked, he allowed them to see it.
Advisors might help clients budget for goals, but it was a separate function.
During the 1830s he established himself as a painter and a smart businessman who offered portraits in styles priced according to his clients' budgets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com