Small businesses fight to survive in tough economy - Submit Site

DirectoryMix Web Resources » Article Details

Small businesses fight to survive in tough economy - Read More

Date Added: June 09, 2008 05:36:02 PM

PITTSBURGH (AP) _ Small business is risky business these days. Costs are rising, profits are shrinking and the ability of the big guys to keep prices relatively lower is drawing away customers. Things are so bad that many small enterprises, which account for about 99 percent of the country's businesses, say they are hanging by a thread that may soon snap. "We are basically losing money every ...

Category: Business & Economy » Labor

No comments are posted yet

Fewer motorists leaving for Labor Day

High gas prices, the rising cost of living, and worries the nation’s economy may worsen further are causing more people to stick close to home this long Labor Day weekend.

Labor loses power in nail-biting WA vote

The Labor Party has lost its outright majority in Western Australia, apparently breaking the party's hold on state, territory and federal governments around the country.

The business week ahead

Heads up: Is our shattered confidence in the economy improving? We'll find out Tuesday when The Conference Board releases its monthly consumer-confidence...

US labor market better than expected with 20,000 job losses

The US labor market held up better than expected in April despite fears of an economic slump, with 20,000 jobs cut in the month, the Labor Department reported Friday.

Protection for distressed firms

One cannot help feeling sorry whenever one reads a newspaper report from the Department of Labor and Employment about hundreds or thousands of private firms and enterprises folding up due to financial woes and business losses.