Small Business Boomers

October 6th, 2008

Has the “Credit Crunch” affected your Boomer Business?

Baby Boomers in business:  I’m curious.
Has the credit crunch affected your business?  For example:

Have you found that business is slower?
Have you had trouble collecting money from customers?
Has your bank pulled bank your credit line or denied you additional funding?

Comment or use my latest poll to let me know.
Tags: baby boomer businesses, collections, credit crunch

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By Jean -- 0 comments

October 1st, 2008

Boomer Business Owners - Has the “Credit Crunch” affected your collections?

Many business owners have said they are being affected by the credit crunch in two ways:
1.  They are unable to borrow money to pay their bills.
2.  Their customers are taking longer to pay.
The availability of credit is a serious problem for any small business.  It’s about survival.  Believe me, I’ve been there.  The problem may […]

By Jean -- 0 comments

July 20th, 2008

7 Tips for Collecting Money in Difficult Financial Times

Image details: Close-up of a man receiving dollars served by picapp.com
Collections Rule #1, as I heard it many years ago:  The longer the bill is unpaid, the less likely it is that it will be paid.  Here is dramatic visual proof of that rule in a recent Forbes article about collecting money in difficult financial times.
So what do […]

By Jean -- 1 comment