About Small Business Info: Bailout Bust: What's A Small Business To Do?

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	from Darrell Zahorsky The House rejected the bailout this afternoon causing stocks markets to go into free fall. This crisis has already reduced the flow of cash and lending these days. Banks and financial companies are calling loans, reducing credit limits and tightening lending guidelines. The July 2008 Senior Loan Officer Opinion Survey on Bank Lending Practices reports the supply and demand for bank loans to businesses. Over 65 percent of domestic banks reported having tightened lending standards on commercial and industrial loans to small business. With today's meltdown, the numbers will surely rise in the next survey. The game has changed for managing your business. For instance, bankers are going to go back to the traditional rules of banking and risk assessment. This week we'll help you navigate uncharted territory by looking at layoff options, understanding the lending process 5 C's, preparing financial statements or avoiding the worse outcome -- bankruptcy.
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How the Government Mortgage Bailout Affects the U.S. Economy The $700 billion bailout will buy mortgage-backed securities that are in danger of defaulting. This will take these bad debts off the books of banks, hedge funds and pension funds that hold them. The intent is that this will stop the panic that has stopped banks from lending to each other.              More Topics Alternatives to Layoffs CEOs Are Overpaid Creating Your Financials Rewards of Small Business Bartering Close The Cash Flow Gap Employment Ending Checklist Mastering Cash Flow Analysis Is There a Way to Avoid Bankruptcy? In the wake of the current bankruptcy debacle with some big Wall Street financial firms, you may wonder if they could have avoided bankruptcy. Sometimes it is possible for a business to avoid Chapter 11 (reorganization) or Chapter 7 (liquidation). Here are some alternatives for all businesses...   The 5 C's of Small Business Loans Qualification When banks start to tighten lending to the small business market, they look to reduce the risk of issuing a small business loan. To qualify, a small business must understand the risk assessment processes bankers use in loan determinations. Bankers making a loan approval will review a small business in the context of the 5 C's.     Sponsored Links   Lose Weight Together Calorie Count Groups Join a group on Calorie Count today and track your progress with people like you. Find groups by age, location, weight loss interests and much more!

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