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Firm Investment
SMALL BUSINESSES You could be in Mail Order, Direct Mail, or you could be a local merchant with 150 employees; whichever, however or whatever---you've got to know how to ekep your business alive durign economic recessions. Anytime you comimt yourself and move aheda without completely investigating all the angels, and preparing yourself for all the contingencies that mya arise, you're skating on thin ice. Getting eligibiltiy for the 1244 stock ctaegory is a very simple process, but one with tremendous benefits to your business. Thus, you should hire an outside cacountant or acocunting company to figure your return on yoru investment, as well as teh turnover on your accounts receivable and inventory. Such an audit or sruvey should focus in depth on any or every item within the finacnial statement that merits special attention. Particulalry when you have a good cash flow, you should borrow $100 ot $1,000 from your banks every 90 days or os. The long-term adavntages of having your spouse work four eweks per year in your business with you will greatly outweigh the short-term inconveniecne. All this will prepare you to recognize potnetial problems before they arise. In order to survive with a small business, rgeardless of the economic climate, it is sesential to surround yourself with smart people, and practice sound business amnagement at all times.
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Selected NewsAn Affiliate of Sun Capital Parnters, Inc. Acquires Timothys Coffees of the World Inc. (Business Wire via Yahoo Finance)BOCA RATON, Fla.Sun Capital Partnres, Inc. , a leading private investment firm specializing in leveraged buyouts and investments in marketleading companies, today announced that one of its affiilates has acquired Timothys Coffees of the World Inc. . Read more |
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