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Main Street Financing Challenges
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ArchivesFinally a Nice Gift from Wall Street to SMBs
November 19, 2009, 8:40 AM
Many people are calling Goldman Sach’s $250 million dollar investment into small business education a PR ploy. I call it the best thing that has happened on Wall Street since the recession started. Nothing is more needed in today’s recession ...
The Curse of Doing Well in Today's Economy
November 11, 2009, 2:25 PM
When Washington decision makers passed the stimulus plan they neglected a critical support that businesses would need in order to respond to an improving market.
Poor Customer Service Can Be Very Costly
November 05, 2009, 1:30 PM
Poor customer service can break a company, especially when your customers are expecting you to provide critical services to their company. Does your company stand out among those that win in part by having great customer service?
CIT Group Bankruptcy and DIP Financing
November 02, 2009, 9:25 AM
Small business owners using CIT should be every vigilant.
Good Videos on YouTube – SCORE Chicago
October 31, 2009, 8:10 AM
SCORE is a nationwide non-profit organization dedicated to helping small businesses succeed.The SCORE Chicago chapter has produced a number of short videos focused on small businesses. The information provided on them is good.
Don’t Get Too Excited about Q3 GDP Figures
October 30, 2009, 10:35 AM
Yesterday, President Obama's economic counsel released the Gross Domestic Product (GDP) figures for the 2009 third quarter ending September 30, 2009. These figures were significantly inflated by several temporary stimulus programs and don't correlate with the performance of several major ...
Don't Become a Victim of Fake Financing Scams
October 28, 2009, 6:35 PM
With small business credit getting tighter by the day, more and more innocent business owners are falling victim to crooks and thieves who are determined to separate honest business owners from their money.
Keeping Accurate Mileage Records
October 27, 2009, 2:40 PM
Do you know the IRS guidelines for mileage deductions well enough to oversee your employees? records and make sure everything is in compliance in case of an audit?
Innovation in Business Practices Working Well for Some SMBs
October 27, 2009, 2:35 PM
Shoring up cash flow processes helped get one retailer into the black for the first time in two years. Here's what else the company is doing differently to achieve greater success.
Dorothy, We’re Not in Kansas Anymore!
October 26, 2009, 1:05 PM
Description: If you aren’t convinced that the U.S. economy and demographics aren’t drastically changing before your eyes, here are a few staggering statistics and thoughts that might help you realize we are in the middle of a monumental social and ...
Latest Comments in Main Street Financing Challenges posts
Now a days commercial agency are needed in every business organization.
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Thanks for sharing with us ...
On July 17, 2009, I posted a blog about CIT's demise and the effects it would have on small business. http://www.universalfunding.com/blog/?p=182
Let's hope this turns out okay.
Benchmarking is a way to find out whether you are on the right track by being able to satisfy certain aspects of the market and excel in which your competitors are also doing. This business tool is necessary for any organization to succeed. Comparison with your competitors is also good for business. If you find that their practice is more effective and you want to implement the same in your business as well, you can do so with the help of benchmarking.
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A couple of thoughts.
As to Co #1 - as an alternative to a permanent equity deal maybe they can find a joint venture partner where they place the backlog orders over a specific time period and negotiate a profit split. It would have its own pluses and minuses but would allow the owner to retain their current equity in the long run.
As to Co #2 - a guess is that they may have to change their sales focus to customers outside of their normal customer base. Finding profitable companies without near term funding concerns seems to be the key.
Just guesses and thanks again for the article,
Pat Edwards, CPA
http://www.creditaides.com ...