Two separate posts--one from Henry Blodget at OPEN Forum (published by our sponsor, American Express OPEN) and one from John Tozzi at The New Entrepreneur--tackle the same phenomenon: the rise in small business bankruptcies. The graph at the bottom of...
Posted by Marc Tracy on October 28, 2009 12:57 PM
A recent article in Business Week was headlined: "As Bankruptcies Surge, Fewer Emerge." Turns out, business bankruptcy filings are up more than 40% from a year ago, and banks are pushing still more companies to liquidate. This latest by-product...
Posted by Jerry Kalish on August 24, 2009 9:11 AM
We know that unpaid debts are at the heart of the current Great Recession, and we know that the consequences of these unpaid debts will unfold over many years. One and a half million Americans are expected to declare...
Posted by Michael Taylor on April 16, 2009 3:13 PM
Did you ever consider your state’s bankruptcy laws before you became an entrepreneur? Specifically: in the unfortunate event that everything in your business goes wrong and you are in over your head in debt, do you know what you...
Posted by Michael Taylor on August 18, 2008 1:04 PM
Small business trouble can mirror what’s going on with large companies and the stock market. Unfortunately, I got a dose of that this past fall. I suspect many of us small business owners will be working through these problems in...
Posted by Michael Taylor on January 30, 2008 9:56 AM
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