Tuesday, October 7, 2008

The Bail-Out

Be fair, attentive, and customers
will return.

No one wants to turn-over
hard earned money to help Wall
Street. It's annoying, and
angers many.

"Would my business be
bailed-out if it failed?" A
few asked.

I doubt that the government
would rush in to aid your
failing small business. There
is a process by which you'd apply
for a loan, aid.

In fairness, the failure of a
lone business wouldn't negatively
impact the financial system.
Or, the affects wouldn't knot
our cash flow.

The bailout is necessary
to allow you an opportunity to
borrow funds. The bailout stops
Wall Street's problem(s) from
reaching your street and mine.

In a stable economy, it's
easier to get credit, and keep
the amount, terms, originally
assigned.

Some small business owners
have complained that their
credit line was reduced, terms
changed.

The bailout gives some
opportunities back. You can
save for retirement without
worrying if the bank will close.

America's children, with the
bailout, have a better chance
of getting needed funds for
college.

People agree that a bailout
plan is necessary, but haggle
over specific points.

For the small business owner,
cut-back where you can. Phrase-
out free morning donuts and
coffee. Cut cost anywhere,
everywhere, possible.

Maximize the use of employees
and equipment. If, for example,
a department isn't using Employee
E, send him/her to the next area.

The positive effects of the new
bailout plan takes time to see,
and feel.

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