As the economy falters, experts say small businesses must recognize runaway costs early and start making modest cuts
Source for Article: Business Week, October 24, 2008
By John Tozzi
Back in 2002, Scott Chatel’s business remodeling brownstones and apartments in Brooklyn and Manhattan was so good that he set a goal to increase annual sales from $2 million […]
source for article: Wall Street Journal, October 7, 2008 by Simona Covel
The banking-industry crisis is having an immediate impact on at least one group of small and midsize businesses: those that were built to provide products and services to a booming financial sector.
The effect on these companies “has been nothing short of devastating,” says […]
source for article: Wall Street Journal, September 16, 2008 by Simona Covel, Kelly K. Spors & Raymund Flandez
As Wall Street quaked Monday, small and midsize businesses prepared to feel the aftershocks in the form of tighter credit and tougher borrowing standards.
The financial crisis is the latest blow to small businesses, which have suffered through […]
By Richard Lee
Business Editor
A California firm that provides financial assistance to companies has chosen Westport to locate its first East Coast operation.
Seeking to expand its operations to lucrative Greater New York and Fairfield County, San Francisco-based Business Capital, a provider of commercial turnaround services, has opened an office at 191 Post Road West in Westport.
The […]
Expert Business Source, 2/28/2007
By Rob O’Regan
Heavy debt can sink a small business quickly. One option for business owners unable to dig out on their own – but unwilling to declare bankruptcy or liquidate their business – is a third-party debt-negotiation service.
How do you know when you’re in too deep to help yourself? Charles Doyle, […]
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