February 5, 2012

Troubling Small Business Trends: Credit Needs Unmet

Credit needs not being met

Despite the bulls on Wall Street, smaller companies are simply unable to tap new financing as easily as large corporations. Midsize companies that can't borrow at a scale that interests investors, and according to the WSJ, those firms are "already saddled with the weakest credit ratings."  It's even worse for small businesses that depend on their local lenders. This weekend on Carolina Business … [Read more...]

Small Business Bankruptcy Basics

CPCC

My friend and fellow bankruptcy attorney Susanne Robicsek and I recently spoke to a group of local small business owners gathered at Central Piedmont Community College in Charlotte, North Carolina. In this tough economy business owners are wise to acquaint themselves with the legal options they may need to employ if their companies hit the shoals.  It was a pleasure spending an afternoon trying … [Read more...]