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Archive for July 12th, 2009
How important is it to have a savings account so your business wont go under.
posted by Happy Business Guy @ 10:30 PM
Sunday, July 12, 2009
California vendors fight for their cash
Small business owners plan layoffs and furloughs if they’re saddled with hard-to-redeem IOUs.
California is in a very hard time right now. We have provided the news article provied by CNN business news. Its importnat to make sure when your running a business, and your using your checking acount, to make sure you have enough in that account. Business checks is a great thing to have, but what happens if you run short and no extra money to cover for it. You can always go to your quicket source of cash, and thats your savings account. California is in so much trouble, they are going to start issuing IOU’s. Thats not good. That can affect a lot of business. Read below to see more info about California.
At the end of last year, five business owners struggling through the recession shared their stories of facing a make-or-break holiday season. Here’s how they fared.
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NEW YORK (CNNMoney.com) — As if struggling to stay afloat during a faltering economy isn’t difficult enough, hundreds of small business vendors that rely on contracts with California are facing another hurdle: There’s a good chance the state won’t be paying any of their invoices this month.
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