Entrepreneur Magazine

I went into 2008 with approximately 8 lines of credit available. Came out of '08 with one - deeply slashed and a higher rate of interest on it. Ended up having some serious battles with the CCs/Banks.

They fail to understand that small businesses run on CASH FLOW. The Credit Lines allow us to float the business while cash is flowing in. When ... Read Morethose lines are cut, and they DEMAND or FORCE immediate payments, it inhibits the ability to keep the business afloat. Thus, they single handedly sink sometimes perfectly good businesses. Yet, these morons believe that process will somehow cause us to be better able to pay what we owe them?! What good minded business person is going to send the little CASH they are receiving to a bank who isn't going to open up the line of credit when a payment is made? It's like throwing that cash into the wind - useless, absolutely useless...

@ Ryan - We experienced the same thing with Advanta. Also with Chase. I've also talked to small business owners who've been ruined by Bank of America and CitiBank. Makes me sick to see these big banks advertising on TV that they want to help America - when the truth is they are screwing us over - WITH BAILOUT MONEY!

Thank you everyone for participating. The random winner for Tim Berry's "The Plan-As-You-Go Business Plan" book give away is Bradley Ericson. Congrats!

In my opinion Jennifer its more important first to write your GOALS then OBJECTIVE then STRATEGY AND THEN TACTICS. Just work reverse and it works. However this all consumes more time because you need to narrow down your points over the time.

it depends on the nature of the business if its one that relies on steady flow of info in and out,it should be encouraged.if the usage is counter productive it should me managed.

This one question is really a challenge. I tried doing it but frankly you can't restrict employees too much especially if their work is software based. One can have many tabs opened and closed in seconds and deleting browsing history in seconds.
I think it more important to control the productivity. I did that and it works. No internet on the machine that my employee works. Internet only on specific machines available in break time.

I celebrate my customers by letting them try the product free! this water has a taste that is unbelievible! visit www.evolvnetworkmarketing.com The product all american is talking about! 888-840-1009

In consideration for the safety of our children, those that make their clothes, and our environment, we are introducing our 100% organic line of tees and onesies to add to our existing collection of Sofshell Polos and Belts.

We shoot professional video projects for our clients on solid state memory chips instead of magnetic plastic tape. We save material, storage, and even some labor costs.
www.spiritedusa.com

Follow you on twitter, and RT some great links you provide. We use some of your short Ent. videos at start of classes.

Re-inventing yourself or thinking outside the box to generate additional revenue. Read my article at http://bit.ly/3LUiEC

Patience and strength of business to hold the nerves for a long time period with ease

Support Houston's Small Businesses. Visit http://danaconciergeservices.web.officelive.com, fill the service request form and enter the game to win $100 visa gift card.

Interesting article. Although I'd like to believe in the free version of doing business, I'd have to agree with the other two who disagree with it.

Sham is a correct analogy in my opinion. His book is focused on a certain mind set.

I am opening a cutting edge & affordable Mobile Text Message Marketing Company! Send unlimited Text Coupons & promotions!! This is the hottest marketing trend available today!! Visit our website: http://txtpros.net

I have for all of you who commented on this topic. where are you all located?