There isn’t much glory to running a small business. Day after day, you market, sell, hire, fire, economize, mentor, purchase, envision, order, organize, plan, and pay the bills. And nobody notices.
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With the filing of a Chapter 11 bankruptcy reorganization petition late last week, the parent company of giant small-business lender CIT is hoping for a speedy trip through bankruptcy court. Small businesses that need loans, however, face a more uncertain future
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Last night I was watching the HBO documentary Schmatta: Rags to Riches to Rags , which chronicles how Jewish and Italian immigrants created the New York garment district soon after the turn of last century, and built it into the largest employer in the city. It goes on to show how, after more than 70 years of being a thriving source of good-paying union jobs, it all disappeared as trade protections ended and NAFTA ushered in a new era of global free trade. The film repeatedly asks the questions: How will we rebuild the American middle class? Where will tomorrow’s living-wage jobs come from
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Most of us believe there’s no way to prepare for Murphy’s Law but wouldn’t it be nice if you could? Enter The Worst-Case Scenario Business Survival Guide , a guide for surviving the most dangerous business situations. This isn’t some thick theory heavy business text.
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