As one would expect, the Business Journal reports on
the bigger national/global corporations and publicly traded firms,
but it also covers small and medium businesses very well.
That's important because SMBs are HUGELY important to the regional
economy. This fact has become even more obvious since mid
-2008 when the national economy began to stumble.
My sense is that the immediate general health of the small
business economy will largely depend on the ability of the owners
of those businesses to manage cash flow and costs, and generally
run a tight ship. My concern is that a lot of owners don't have
time or don't know how to do that. That's why I've been positioning
Amplus to be more inclusive with the services it offers to small
businesses.
By providing essential operations support (bookkeeping, GL,
software training, for example), I hope more small businesses will
survive and endure. Then they can turn their attention to
strategic financial management. That's what will enable them to
grow and thrive.