Recession casualty: Summer doldrums disappear as small businesses are forced to work harderNEW YORK — The down time that summer usually brings has become a casualty of the recession at many small businesses. Show loyalty to staffers in down times, they’ll be more likely to stay when business is betterNEW YORK — Many employees of small businesses are grateful to have a job, even as salaries are frozen or cut and they’re asked to take on more responsibility. Company owners shouldn’t take those good attitudes for granted — they need to show workers some loyalty so staffers don’t jump ship when the economy gets stronger. AP INVESTIGATION: Small business loan write-offs hit record; more Main Street defaults seenREDWOOD CITY, Calif. — As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of defaults to rise as the nation continues to climb out of the recession. Starting a home-based business after a layoff means making some personal adjustmentsNEW YORK — First, they had to deal with being laid off. Then the challenge became figuring out how to run a business from a spare bedroom while the kids are fighting and the dog is barking. |
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