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Small firms struggle as oil soars







Small firms struggle as oil soars

Small firms struggle as oil soars 08/15/2004 06:57 PM

Small manufacturers in the UK are struggling in the face of soaring oil prices and higher interest rates, the CBI says.




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Small firms struggle as oil soars

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Small Businesses Struggle 04/09/2004 03:54 PM

In Les sons Learned the Hardest Way, by Going Belly-Up, Laura Randall profiles the experiences of 4 small businesses that have closed recently and offers this snippet of information:

New small businesses start every day, and fail just as frequently. About 34 percent of businesses with 500 or fewer employees close within two years of opening, and 50 percent fold after four years, according to the Small Business Administration.

Yep, my first personal business venture closed after only 6 months of start-up time... luckily, none of the founders lost too much money on the deal. I'd agree with the idea that it's tough to start your own business, and it's even tougher to make money at it, if you're not truly focused on every aspect of it.


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Then, in one of his unexplained flashes of clarity, he told Debbie: "I don't want to have Alzheimer's." On Saturday, John will be 57. Although he is in the end stage of early-onset Alzheimer's, he still enjoys simple pleasures: walking outdoors, eating ice cream, listening to music. His wife, children and church friends — some of whom have relatives with dementia — will gather at the nursing home for a birthday party. They will honor the man John once was, and the spirit that survives. And some will no doubt wonder if they are bearing witness to their own futures. Alzheimer's is a disease that can create nurses and chambermaids out of loved ones. Jim Broomall doesn't blame his mother. It's not her fault. She can't help it. No one with Alzheimer's can and caregivers must remember that, he says. "If you don't, you'll go crazy". Or maybe even die: home care for Alzheimer's patients is a major health risk for the caregiver spouse. That's the choice for the families of the Alzheimer's patients (4.5 million of whom are Americans).

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