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SBA encourages expansion, raises ceiling for loans
August 27, 2008 /
In tough times, sell harder. Many small companies are adopting this strategy to cope with declining sales, according to the latest report on small business trends from the National Federation of Independent Business.
What else are companies doing? Forty-four percent of owners are spending more time at work and most business owners are paying closer attention to cash flow. Twenty percent have reduced, postponed or canceled a planned investment or reinvestment in the last six months.
By Jean Wojtowicz, president of Cambridge Capital Management Corporation
Full Story: http://www.indystar.com/apps/pbcs.dll/article?AID=/20080827/BUSINESS/80827003/1003
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