Is your head spinning?  Depending on what you are reading, the economy is now declining after retail sales have been calculated for the holiday season.  Durable goods orders are down, new housing starts have slowed and car sales are expected to plummet.  Emerging markets are taking a hit because the Federal Reserve (Fed) is pulling …

Look Out Below! Read More »

Everyday, depending on what consumers or employers are doing, the economy is either growing or contracting.  There are a few Economic Indicators or news announcements that you might be interested in following to come to your own conclusions:  The decision by the Federal Reserve (“Fed”) to either increase or decrease the Quantitative Easing (“QE”). Whether …

It’s the Economy, Stupid? Read More »

It is mid January which means you have settled in on your Goals for 2014 and are reviewing them twice daily.  By now, you should be getting great ideas when you least expect them.  From experience, when engaged in non-work-related activities, the best ideas come to one’s mind.  It is important to write these ideas …

Executing Your Goals and the Importance of Human Capital Read More »

By now you should have committed your goals and business objectives to paper and are reviewing them twice daily.  See the blog post dated December 20, 2013 for details. The next step for your business is to compute how much working capital you will need to meet your business goals.  Pro forma projections are typically done …

Happy Days Are Here Again? Read More »

Now is the time, as business slows down for the holidays, to evaluate what you have and have not accomplished in 2013 and why.  In most cases if you failed to set goals or write them down you probably are not where you thought you would be right now. I have been a goal setter …

Are You Better Off Today Than You Were A Year Ago? Read More »

Community Banks are closing their doors because of the cost of compliance.  Small Business pays with less access to credit.  Unintended consequence of one size fits all regulation schemes. WSJ Headline “Tally of US Banks Sinks to Record Low” on December 3, 2013.  There were many banks that failed as a result of the financial …

Why Big Banks Are Turning Down Working Capital Lines of Credit at a Record Pace (Part 3 – Dodd Frank Does It Again) Read More »

The Wall Street Journal reported on November 22 that “New Loan Rules Are on Tap.”  Small businesses who use Deposit Advance loans to even out their working capital shortfalls will now face restrictions as the Office of the Comptroller of the Currency will increase scrutiny on banks that make these types of loans.  The WSJ …

Why Big Banks Are Turning Down Working Capital Lines of Credit at a Record Pace (Part 2) Read More »

Has your request for a Working Capital loan ever been declined or converted to a term loan restricting your ability to grow?  Many construction subcontractors who have expanded bidding opportunities are running into problems finding working capital due to significant restrictions put in place by the Dodd-Frank law. Below is a  response Capstone Corporate Funding, …

Why “Big Banks” Are Turning Down Working Capital Lines of Credit at a Record Pace Read More »