finding customers finding loans higher unemployment numbers 1. Small business hiring is up. turnaround in small-business hiring 2. Small-business bankruptcies are down. still to come 3. Marketing budgets are growing. study from Zoomerang 4. Sales of businesses are increasing. businesses are trading hands What do you think — are these changes harbingers of an economic […]
In any downturn, bankruptcies are a trailing indicator. That’s because companies hang on as long as they can, take their licks, and then finally throw in the towel when they exhaust their resources. Though the economy has perked up a bit over the past nine months, bankruptcy rates in many cities continue to climb, raising […]
Every new story that comes out about climbing small-business bankruptcy rates seems to send small business owners I know into a new downward cycle of negativity. Which I always think is a little odd. More on why in a minute. First, our latest news flash: Equifax reports U.S. small business bankruptcy rates soared 81 percent […]