Annual report pursuant to Section 13 and 15(d)

Description of Business

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Description of Business
12 Months Ended
Sep. 30, 2012
Description of Business [Abstract]  
Description of Business
1. Description of Business
 
General Employment Enterprises, Inc. (the "Company") provides staffing services through a network of branch offices located in major metropolitan areas throughout the United States.  The Company's professional staffing services provide information technology, engineering and accounting professionals to clients on either a regular placement basis or a temporary contract basis.  The Company's agricultural staffing services provide agricultural workers for farms and groves.  The Company's industrial staffing business provides weekly temporary staffing for light industrial clients in Ohio and Pennsylvania.  There was no customer that represented more than 10% of the Company's consolidated revenue in fiscal 2012, however the Company did have two large customers that represented approximately 17.4% and 11.5% of the Company's consolidated revenue in fiscal 2011.

The Company experienced significant losses for the year ended September 30, 2012.  Management has implemented a strategy which included cost reduction efforts as well as identifying strategic acquisitions, financed primarily through the issuance of stock, to improve the overall profitability and cash flows of the Company.  In December 2010, the Company entered into an account purchase agreement with Wells Fargo Business Credit to provide working capital financing.  The account purchase agreement allows Wells Fargo to advance the Company funds on accounts receivable at its sole discretion.  In the event Wells Fargo elects not to advance us funds on our accounts receivable balance or the performance of the acquired entities does not meet our expectations, the Company could experience liquidity constraints.