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Tag Archive: recession

Are Small Business Lines of Credit Shrinking?

There is no question that the country has been mired in economic turmoil over the past year.  Despite the conditions, the market is still filled with entrepreneurs looking to launch a business and small business owners looking for a way to get ahead. Many of these individuals (including some of our readers) will be looking [...]

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Overrated small business ideas

Is your business idea the right idea?
It is often said that the best time to start a new business is in a recession, and some data has shown that through a variety of factors, new businesses are more likely to start during tough economic times.  So naturally one might think that during the worst financial [...]

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Sell Your Car To Save Your Biz

There was an interesting and inspiring story this past week regarding Papa John’s owner John Schnatter, who has become one of the most successful business owners in the past decade with his chain of pizza restaurants.  But the story wasn’t so much about Schnatter’s success as it was his sacrifice 25 years ago.

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Funding still out there

There has been much discussion around funding, especially with CIT and its struggles.  But as the Wall Street Journal points out today, there are still ways to get funding as a small busienss, even in a tough economy, and now is as good a time as any for small businesses to educate themselves about the [...]

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A recession can be a good thing for Small Business

A lot has been made of the current economic crisis and how it can affect your business’ long and short-term goals. With all the doom and gloom in the media, it may seem like there is no silver lining for SMB owners, however according to an article by Ramit Plushnick-Masti in the
Associated Press highlights that [...]

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Family businesses – tough through tough times.

Lately, many of the stories in the local and national newspapers have been talking about how small businesses are struggling to make ends meet, pay bills, keep employees, and ultimately survive.   A recent story in the New York Times, written by Jane Birnbaum and read here, highlights several family owned businesses and what they are [...]

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Tips for Marketing Through Tough Times (Part 3)

This is the final segment of a three part article on marketing through tough times. If you have missed either of the first two parts, please check out part one & part 2. Today we will discuss the importance of testing and keeping a high visibility to your customers.

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New online courses from the SBA

Sharon McLoone recently posted up a brief story noting that the Small Business Administration has added some new online courses to help small businesses out. The topics include:
“Downshifting in a Slowing Economy: A Business Planning Guide.” That course is designed to help business
owners reorganize and streamline business strategies. Other tools include a new automated business [...]

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