Commentary

The chairman and ranking minority member of the Senate Committee on Small Business and Entrepreneurship have introduced legislation to enhance Small Business Administration lending programs.Committee chair Mary Landrieu, D-La., and ranking member Olympia Snowe, R-Maine, introduced the “Small Business Job Creation and Access to Capital Act of 2009.” The bill would increase the limit for Small Business Administration-guaranteed 7(a) loans for business acquisitions to from $2 million to $5 million and extend for a year the fee eliminations and increased guarantee that are both set to expire under the Recovery Act.  The bill would increase the loan limit for SBA … Read more

From Accuval. Read it all here. Identify and maintain your strengths and your best customers Capture market share: consider opportunistic acquisitions Manage liquidity as closely as profitability Keep core activities in–house and outsource everything else Create new metrics and manage by them Communicate and reenergize!

My wife and I recently visited a favorite high-end garden center in our hometown shopping for Christmas items.  She is a poinsettia fanatic (keeping them going nearly year-round) and also a very particular buyer of evergreen roping or garland.  This particular garden center had no less than eight different kinds of garland.  The kind my wife favors for our front door was out-of-stock.  When we visited with the owner about it, he told us he had sold out.  He added that last year, he had unsold inventory of the same product which he had to discard.  He quickly added  that … Read more