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Alex Cote 18 days ago
By RAYMUND FLANDEZ, The Wall Street Journal If you’re having a tough time getting customers to pay, you’re certainly not alone. As a result of the roiling economy, many business owners are dealing with foot-dragging clients who are now late and requesting payment extensions on bills. That’s made it difficult for entrepreneurs to get a handle on [...]
Alex Cote 19 days ago
By: Jim Wyss Robert Stopanio’s new medical-device manufacturing plant was supposed to open eight months ago and employ about 75 workers in a state that desperately needs jobs. But Stopanio hasn’t been able to find the financing. While the federal government pours billions of stimulus dollars into the economy and bails out some of the country’s biggest [...]
Alex Cote 20 days ago
Small businesses are paying their bills later because credit continues to be tight. The October 2009 Small Business Inde (SBI) report published by Cortera (www.cortera.com), a community-driven business information company, shows that although the rate of late payments is down from its high in December 2008 of 12.6 days beyond terms, it is 28.5% higher [...]
Alex Cote 21 days ago
Matthew Carr, NACM staff writer Almost all indicators over the last few months have demonstrated that the economy is pushing toward recovery—albeit, sometimes, quite slowly. Dragging down the emotional outlook, unemployment this month topped 10% for the first time since 1983, though that shouldn’t really have been all too surprising. Predictions have for some time pointed [...]
Alex Cote 21 days ago
Some small businesses in South Florida say they are ready to grow and add jobs — but they can’t get the financing to do it. BY JIM WYSS, The Miami Herald Robert Stopanio’s new medical-device manufacturing plant was supposed to open eight months ago and employ about 75 workers in a state that desperately needs jobs. But [...]
