3 Deadly Threats Against Small Businesses Today

Despite the economy apparently growing for government and corporations, most small business owners I work with are increasingly terrorized by the unholy alliance of big business  and government.  Across political parties, this alliance is creating an increasingly toxic environment for small business success. Here is my view of the 3 threats to small businesses — and what should be done about them. Threat 1: Slow Payment – While large corporations and banks have been fortified with ample low-cost cash to buy small businesses’ products and services, they continue to pay slowly, bargain harder and demand more concessions from powerless small businesses who are selling their souls “where the money is.” Remedy 1: Require all corporations and governments with revenues/receipts over $100 Million to pay all their vendors under $100 Million within 30 days.  This would fortify small businesses’ balance sheets just as TARP funds and bailouts did and continue to do for the goliaths

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Originally posted here:
3 Deadly Threats Against Small Businesses Today