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Every day many business owners hit a wall. That wall prevents them from growing their business, or at least, severely limits the speed at which they can grow their companies. Sometimes, and especially for small and mid size businesses, the wall appears to be insurmountable. That wall is lack of working capital. Let's take a look at the most common source of working capital problems: extending payment terms to customers.
There are few things that small business owners hate to hear more than a customer utter the words, "We'll be happy to do business with you. However we pay net 45
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Avoiding your own mortgage collapse (The News Journal)
It used to be that homeowners struggling to meet their mortgage payments had two options -- refinance or sell the house. Foreclosures happened mainly to those who lost a job or suffered a medical misfortune.
Mon, 01 Dec 2008 09:41:59 GMT
RiverHawks use second-half surge to rout Southwestern (Tahlequah Daily Press)
The Northeastern State University women’s basketball team used a second-half run of 20-5 to break open a close game as the RiverHawks improved to 2-3 with a 68-49 win over Southwestern College of Winfield, Kan. on Saturday evening at Jack Dobbins Field House.
Mon, 01 Dec 2008 14:21:07 GMT
Fed Commercial Paper Holdings Rise to 5.1 Billion (Correct) (Bloomberg)
(Corrects borrowing by bond dealers in second paragraph. The story was originally published on Nov. 28.) Nov. 28 (Bloomberg) -- The Federal Reserve expanded its purchases of commercial paper to 5.1 billion and its loans to securities firms increased as the central bank uses its balance sheet to combat the worst financial crisis in seven decades.
Mon, 01 Dec 2008 15:54:44 GMT
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