Quote:
Originally Posted by Highland Ranger
Lots of business does not always = lots of profit
Also, many smaller/newer business get hung up because of cash flow.
Basically if you are a small business that is not minority/veteran/disabled person owned you have to prove you don't need financing in order to get it.
So if you really need it, and can't raise it within the family, you have to go to vulture I mean venture capitalists.
Its not easy. It is harder and harder to make a small business go in this climate.
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Dead on analysis. As a small business owner in this economy I can tell you that a line of credit is your greatest asset right now IF you can keep it.
Eric