economy/desperation

ebeeeee
Wed, 15 Oct 2008 17:11:27 +0000

Ek, yup they are. Especially if they have been spending their earnings and floating along on a line of credit. The rules for a small business are the same as a consumer… Don’t spend more than you earn!
We several sets of friends who kept their businesses afloat by using credit cards. Bad idea!
We’ve been talking about ways to scale back our business overhead should the need arise and we have a plan much the same way your family has been careful with their finances. In the long run it will serve you well.
Just breathe!