The credit market is in trouble, eliminating for the present time small business credit lines. How will this affect small business? Can business survive in a clearly volatile credit market place? What are suggestions to survive?
Archive for September, 2008
Credit Crunch
Tuesday, September 30th, 2008Tough Times for the Small Business Owner
Thursday, September 25th, 2008How will the Government bail-out effect small business? I think every business will see strong effects, like devaluation of the dollar, unemployment, and lack of a credit market for buying houses and cars. It effects competition, cost of raw materials, and fuel. What are some alternatives for a small business owner?
Survival Plan
Monday, September 15th, 2008The buy-out of Lehman and Merrill Lynch signal another hurdle for the economy and small businesses. Some businesses have waited too long (for example, waiting to evacuate at the last minute before a hurricane) to have a survival plan. How will this latest occurrence affect their behavior moving forward?
The Big Bail-out
Tuesday, September 9th, 2008The Federal government is going to spend up to $200 billion to bail out the mortgage industry, Freddie and Fannie. The auto industry is requesting $50 billion as a bail out. Indy Mac banks failure in California will be about $10 billion in government funds. This is all taxpayer money, with no evidence it will help the population at all.And, they took risk and made mistakes like anyone else, why are they entitled to get this money? Are you in favor of this?