In the history of the United States, its pristine AAA credit rating has never been downgraded. If this were to happen, Treasury rates could go up and increase interest rates from mortgages to student loans, affecting an already fragile economy.
Small businesses are eager to spend money and invest in their companies if they could only get loans. Read more about the current bank lending environment and how small business is coping.
Getting audited as a small business can be stressful and potentially confusing. Here are several tips to help get through the process.
Asset based lending is gaining steam with companies such as Hertz, Del Monte and Sears using it to maintain operations.
These companies are finding it is less expensive and more flexible than traditional loans.
Accounts receivables and days sales outstanding can be used to determine a company’s current health and future worth. Doing this allows you to separate the pretenders from the real stocks you should be going after. By considering the trends in accounts receivables and days sales outstanding, you can sometimes peek inside a crystal ball.
Bad news: The housing crisis is worse than during the Great Depression. In the early 1930s housing prices fell 31 percent and today prices are down 33 percent since the decline started in 2006. To make matters worse it doesn’t look like the decline is over.
There is a lot of money being spent by the US government on contracts and these funds could be significantly cut. The US Department of Defense spent $367.1 billion on contractors in the 2010 fiscal year and these contractors could be severely hurt. Click below to view a list of the top 15 federal government contractors and what they provide.
More signs that the economy is moving towards recovery with businesses showing an increased need for financing and credit.
Did you know that the U.S. government is the largest consumer of products and services in the world? This represents a huge opportunity for small business owners that know how the system of government contracts work. Click the link below to discover five fantastic tips on how to secure your next large government contract.
Government contracts to small business is increasing and that is good for the overall economy.
The federal government and the SBA is approaching a goal of 23% contracting dollars going to small business.