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With Credit Tight, Corporations Scramble in Chaos Says CFOs
Apparently, Duke University has done a research project which indicates that Chief Financial Officers of large corporations are scrambling with the tight credit markets trying to find ways to keep their ships afloat. Indeed, this is an interesting report, although no one can say they are too surprised with this documented information. It’s a scary thought as commercial credit lines are so tight.
Buy Local Programs Work – When Cities Work With the Business CommunityEconomic times are tough and many cities are feeling the pain, as much of their money and revenue is generated from sales tax, but when people are not buying, there is not much sales tax revenue and with fuel prices down even less. Worse, auto sales have tanked and folks cannot get loans to buy cars, which can bring in $200 to $500 worth of revenue when someone buys a car from a local car dealership in the city’s zip code.
