This is a very interesting discussion for owners who are questioning what route is best in bringing on new people into their company.
Archives for the month of: October, 2009
As we discussed in Part I, if you have been considering starting your own business but can’t find that perfect idea, maybe the following will help you.
Whether we are referring to our business or our life ~ we wonder what our next 30 years has in store for us.
A year ago, many of us felt we had the luxury of pondering if we wanted to continue working or if we wanted to retire. Our biggest concern was that we were being “smart about it.”
Today we are told, “Well you knew the recession beginning back in 2007!”
“NO. I didn’t know,” and to me that statement is saying, “Gee, if you had just starting planning back then, you wouldn’t be in this predicament now.” They are right. If I had started to plan back in 2007 I would be in a considerably better place today – if I had known.
The ARC loan is becoming even harder to get, and what loans are being granted are to a much smaller community of small businesses than the stimulus money was designated to serve. However, the great help to your business makes it still worth the effort to do your best to get one. Don’t take no for an answer – get creative!
What Banks are Making these Loans?
The following is an article from the Jul 8, 2009 Inc. Newsletter by Keaton Gray
Critics say the $35,000 loans aren’t enough to help the vast majority of small businesses, while lenders grumble over the paperwork.