Tag: economics

Bend, Don’t Break

A windstorm came through central Colorado last month. The wind meter at the airport clocked gusts of up to 79MPH, breaking the all time record.
In my neighborhood, I counted 8 broken-off ponderosa pines as I drove down the main road the next day.
There was one tree with a five foot diameter trunk, broken completely off. [...]

Small Businesses Hunkering Down

I was talking to a software entrepreneur friend the other day. We were comparing notes on how our businesses were faring during the Great Recession.
My friend said that these days, his business is ‘hunkering down’ and just surviving. If the bills are getting paid and the doors are staying open, that is enough for now.
I’ve [...]

Small Business Finance 101: When to Forget the Cost

It’s tempting to let the cost of something in the past determine the choices we make in the present. But smart small businesses will make choices based on their current goals instead.