Sugar Not The Icing On The Small Business Cake.
The Small Business Blog
NOVEMBER 9, 2009
Let me spell it out for anyone who really has not got the picture, businesses go bust because: The banks will not lend money to them; Even if they lend the money it is so expensive that it takes any profit out of the deal; They run out of savings. This problem with credit was highlighted in 2003 by the FT (media) – everybody ignored it.
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