An interesting article in the Melb Age newspaper on the flow on effect to smaller businesses.
In an interesting basic view, if the big banks can’t get money to lend, or they are pulling their heads in “Just in case” then your chances of getting credit of some kind may well be hampered, in the short term maybe not a big deal, but in the bigger picture the squeeze could be on!
source:http://freebusinesstips.com.au/marketing/your-business-and-the-flurry-of-market-meltdowns
That's not a bad thing necessarily - using too much credit can seriously damage your cashflow in the long term! A good home business mentoring system will show you ways to change your situation without relying on more credit.
BalasHapus