Comments on: Stimulus made no difference, small-biz owners say http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/ FSB Features Wed, 16 Dec 2009 18:30:20 +0000 http://wordpress.com/ hourly 1 By: Jen, Naperville, IL http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-10579 Jen, Naperville, IL Thu, 25 Sep 2008 18:37:09 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-10579 With no other options, I will be closing my business shortly, increasing the unemployement rate in Illinois. It is frustrating that their is no help for the small business owner. With no other options, I will be closing my business shortly, increasing the unemployement rate in Illinois. It is frustrating that their is no help for the small business owner.

]]> By: Stephanie, Pryor, OK http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-10474 Stephanie, Pryor, OK Fri, 19 Sep 2008 03:13:09 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-10474 I am in the beauty industry & own my own business & single mom of 3. In the last month business has declined 35-40%. I would like to know why the government bails out big businesses, but has no plans to offer something to the small business to help get us thru these bad times so that we dont go under. If you live in a small town as I do and business is declining & trying to keep afloat good luck on any bank wanting to help out. Even they dont want to take a chance. Why? because they will probably be next on the list to have the government bail them out. It is unbelievable that the government will give money to help other countries and now the only people they are willing to help in our own country are those Big businesses that now they can have a controlling interest in and forget the underdogs that put those companies where they are today!Makes you wonder, did they only come up with helping the homeowners that were in trouble first, because they intended on bailing out these companies already, therefore we wouldnt be upset when they gave out billions to these companies?Is it November yet!!!By the way I didnt get a stimulus check because a well known tax service did my last 2yrs taxes wrong & the IRS only goes by your original return. Oh, but I can claim it next year. If there is one. Good luck to everyone going thru these hard times & pray it is over soon! I am in the beauty industry & own my own business & single mom of 3. In the last month business has declined 35-40%. I would like to know why the government bails out big businesses, but has no plans to offer something to the small business to help get us thru these bad times so that we dont go under. If you live in a small town as I do and business is declining & trying to keep afloat good luck on any bank wanting to help out. Even they dont want to take a chance. Why? because they will probably be next on the list to have the government bail them out. It is unbelievable that the government will give money to help other countries and now the only people they are willing to help in our own country are those Big businesses that now they can have a controlling interest in and forget the underdogs that put those companies where they are today!Makes you wonder, did they only come up with helping the homeowners that were in trouble first, because they intended on bailing out these companies already, therefore we wouldnt be upset when they gave out billions to these companies?Is it November yet!!!By the way I didnt get a stimulus check because a well known tax service did my last 2yrs taxes wrong & the IRS only goes by your original return. Oh, but I can claim it next year. If there is one. Good luck to everyone going thru these hard times & pray it is over soon!

]]> By: Mark, Clarkston MI http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-10140 Mark, Clarkston MI Fri, 15 Aug 2008 20:28:22 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-10140 This economy, state gov., fed. gov., excesses of the 90s, fuel prices, and housing decline have created the perfect storm for being in business. It is brutal being a small business owner. This economy, state gov., fed. gov., excesses of the 90s, fuel prices, and housing decline have created the perfect storm for being in business. It is brutal being a small business owner.

]]> By: John, Hudson NY http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9828 John, Hudson NY Mon, 28 Jul 2008 17:23:27 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9828 The higher gas prices and stimulus checks have helped my business this year. My sales are currently up 40% over last year at this time. I'm and internet based company for natural products. People are turning to these products more and more. Higher gas prices have turned people to the internet to make their purchases. I have also had customers tell me they are spending their stimulus check with me. So it's been great. The higher gas prices and stimulus checks have helped my business this year. My sales are currently up 40% over last year at this time. I'm and internet based company for natural products. People are turning to these products more and more. Higher gas prices have turned people to the internet to make their purchases. I have also had customers tell me they are spending their stimulus check with me. So it's been great.

]]> By: Paul South Florida http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9818 Paul South Florida Sun, 27 Jul 2008 11:58:17 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9818 Small business owners are taking it on the chin with this economy. Saving money through tightening of expenditures such as advertising is expanding rapidly. Purchasing of products is slipping due to increased costs of shipping and warehousing. Owners need to streamline operations every way possible to outlast this downturn. Many business owners are re-evaluating inventory and selling off slow moving merchandise to other business owners who have a market for these items by advertising it nationwide. http://www.sellmyinventory.com Small business owners are taking it on the chin with this economy. Saving money through tightening of expenditures such as advertising is expanding rapidly. Purchasing of products is slipping due to increased costs of shipping and warehousing. Owners need to streamline operations every way possible to outlast this downturn.
Many business owners are re-evaluating inventory and selling off slow moving merchandise to other business owners who have a market for these items by advertising it nationwide.
http://www.sellmyinventory.com

]]> By: Sally Mn http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9812 Sally Mn Sat, 26 Jul 2008 14:25:43 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9812 Amen Amen

]]> By: Sally Mn http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9811 Sally Mn Sat, 26 Jul 2008 14:17:32 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9811 Todd-me too Todd-me too

]]> By: Sally Mn http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9810 Sally Mn Sat, 26 Jul 2008 14:14:10 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9810 Amen again.....the Walmarting of America has totally ruined our culture and economy in many ways...i won a retail; florist in a town of 6000 people and shops around me are closing like dominos-only a matter of time forme Amen again…..the Walmarting of America has totally ruined our culture and economy in many ways…i won a retail; florist in a town of 6000 people and
shops around me are closing like dominos-only a matter of time forme

]]> By: Sally Mn http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9809 Sally Mn Sat, 26 Jul 2008 14:11:28 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9809 Amen to that-the credit card were the first and and still the worst for predatory lending-especially for small business owners like myself-with large flucuations in cash flow and very small buying power...it is going to get A LOT worse Amen to that-the credit card were the first and and still the worst for
predatory lending-especially for small business owners like myself-with large flucuations in cash flow and very small buying power…it is going to get A LOT worse

]]> By: ARVIND, TEMECULA, CA http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9797 ARVIND, TEMECULA, CA Fri, 25 Jul 2008 18:13:56 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9797 SMALL BUSINESS ARE THE PEOPLE SUFFERING A LOT.YOU WILL SEE ABOUT 50% OF ALL TYPE OF SMALL BUSINESS WILL CLOSE DOWN BY EARLY 2009. BUSINESS ARE SO BAD THAN YOUR SURVEY.THIS IS TRUE FACT WHICH YOU WILL SEE VERY SOON. SMALL BUSINESS NEDD HELP FROM EVERY GOVERMENT DEPT.WE NEDD HELP FROM LANLORD TO REDUCE OUR RENT.MANY BUSINESS CAN'T AFFORD TO PAY RENT. THERE IS JUST NO SPARE MONEY FOR ANY FAMILY TO SPEND. TRUST ME AND BE READY FOR THE WORST TIME IS YET TO COME. BE SAFE. SMALL BUSINESS ARE THE PEOPLE SUFFERING A LOT.YOU WILL SEE ABOUT 50% OF ALL TYPE OF SMALL BUSINESS WILL CLOSE DOWN BY EARLY 2009.
BUSINESS ARE SO BAD THAN YOUR SURVEY.THIS IS TRUE FACT WHICH YOU WILL SEE VERY SOON.
SMALL BUSINESS NEDD HELP FROM EVERY GOVERMENT DEPT.WE NEDD HELP FROM LANLORD TO REDUCE OUR RENT.MANY BUSINESS CAN'T AFFORD TO PAY RENT.
THERE IS JUST NO SPARE MONEY FOR ANY FAMILY TO SPEND.
TRUST ME AND BE READY FOR THE WORST TIME IS YET TO COME.
BE SAFE.

]]> By: fullerton, Kailua Kona, HI http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9795 fullerton, Kailua Kona, HI Fri, 25 Jul 2008 16:28:36 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9795 Business is still very good. We planned ahead, it's called management. Pay taxes and keep expenses down in good times and bad times. Avoid debt and loans and keep a reserve. Don't be greedy or look for big hits. Provide the best you are capable of always. My business is Architcture. Business is still very good. We planned ahead, it's called management. Pay taxes and keep expenses down in good times and bad times. Avoid debt and loans and keep a reserve. Don't be greedy or look for big hits. Provide the best you are capable of always. My business is Architcture.

]]> By: David W. Camp Clarksville, AR http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9791 David W. Camp Clarksville, AR Fri, 25 Jul 2008 00:22:40 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9791 I have a small BBQ buisness, with ony 2 part time helpers. Being in a rural area, the higher fuel prices have virtually wiped me out. I have gone from being open 5 days a week, and busy all five, to being only open Thurs. - Sat., with several dead times. I am thinking about closing shop. I have a small BBQ buisness, with ony 2 part time helpers. Being in a rural area, the higher fuel prices have virtually wiped me out. I have gone from being open 5 days a week, and busy all five, to being only open Thurs. – Sat., with several dead times. I am thinking about closing shop.

]]> By: LISA BILLERICA, MA. http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9790 LISA BILLERICA, MA. Thu, 24 Jul 2008 23:36:35 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9790 THE STIMULUS CHECK IS SUPPOSED TO HELP US ALL IN THIS ECONOMY. BUT WHAT ABOUT WHAT IT WILL COST US DOWN THE ROAD BECAUSE IT WASN'T OUR MONEY TO START WITH. OH AND THOSE WHO BLEW THE MONEY ON MATERIAL THINGS MAY HAVE HELPED THE ECONOMY, BUT IN THE LONG RUN WE ALL ARE STILL IN THE SAME PLACE WITH OR WITHOUT THIS LITTLE MONEY. LIKE HANGING A STEAK OUT OF THE REACH OF A DOG. THE STIMULUS CHECK IS SUPPOSED TO HELP US ALL IN THIS ECONOMY. BUT WHAT ABOUT WHAT IT WILL COST US DOWN THE ROAD BECAUSE IT WASN'T OUR MONEY TO START WITH. OH AND THOSE WHO BLEW THE MONEY ON MATERIAL THINGS MAY HAVE HELPED THE ECONOMY, BUT IN THE LONG RUN WE ALL ARE STILL IN THE SAME PLACE WITH OR WITHOUT THIS LITTLE MONEY. LIKE HANGING A STEAK OUT OF THE REACH OF A DOG.

]]> By: LISA FUDGE,BILLERICA, MA. http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9789 LISA FUDGE,BILLERICA, MA. Thu, 24 Jul 2008 23:31:29 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9789 I HAVE BEEN IN BUSINESS FOR 17 YEARS AND IT TOOK ALMOST 10 FOR THESE BIG BANKS TO START GIVING ME CREDIT. NOW WITH MY INVESTMENTS IN FLORIDA WORTH NOTHING AND MY RETIREMENT NOW GONE. I SEE THE GOV. HELPING THE PEOPLE WHO HAVE ALWAYS HAD THE MONEY. NOW US SMALL BUSINESS OWNERS RECEIVE NO HELP AND HAVE TO PULL OURSELVES OUT ON OUR OWN. WE NEED TO THINK ABOUT THE SMALL BUSINESS OWNERS WHO ARE GOING OUT OF BUSINESS WITH NO HELP FROM THE GOV. I HAVE BEEN IN BUSINESS FOR 17 YEARS AND IT TOOK ALMOST 10 FOR THESE BIG BANKS TO START GIVING ME CREDIT. NOW WITH MY INVESTMENTS IN FLORIDA WORTH NOTHING AND MY RETIREMENT NOW GONE. I SEE THE GOV. HELPING THE PEOPLE WHO HAVE ALWAYS HAD THE MONEY. NOW US SMALL BUSINESS OWNERS RECEIVE NO HELP AND HAVE TO PULL OURSELVES OUT ON OUR OWN. WE NEED TO THINK ABOUT THE SMALL BUSINESS OWNERS WHO ARE GOING OUT OF BUSINESS WITH NO HELP FROM THE GOV.

]]> By: Kevin Blake Houston Texas http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9775 Kevin Blake Houston Texas Thu, 24 Jul 2008 15:50:26 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9775 I think that this economic downturn has been in the making for several years and is only going to get worse. The value of the US Dollar has eroded the purchasing power of all Americans. The unemployment rate is still good at slightly over 5%, but it takes a large salary to live comfortably, and the average American does not make a large salary. Our goods, food items included bring more money in foreign currencies overseas. I think that this economic downturn has been in the making for several years and is only going to get worse. The value of the US Dollar has eroded the purchasing power of all Americans. The unemployment rate is still good at slightly over 5%, but it takes a large salary to live comfortably, and the average American does not make a large salary. Our goods, food items included bring more money in foreign currencies overseas.

]]> By: Daniel, Earth http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9772 Daniel, Earth Thu, 24 Jul 2008 14:33:05 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9772 How about the fact that minimum wage increases have forced some "small buisnesses" to curtail growth and even cut back. Thus leaving the owners of the business taking on more of the work and putting in more hours. But we will not factor in that minimum wages go against market forces... What a lame story. How about the fact that minimum wage increases have forced some "small buisnesses" to curtail growth and even cut back. Thus leaving the owners of the business taking on more of the work and putting in more hours. But we will not factor in that minimum wages go against market forces… What a lame story.

]]> By: Jay Black, Port Washington, NY http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9736 Jay Black, Port Washington, NY Wed, 23 Jul 2008 15:34:23 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9736 Small business owners: Wrong Place, Wrong Time The gov’t is focused on large banks and institutions. If these all fall, there will be no economy left for your small business to even exist. You need to understand this. Running your own business carries much risk. If you don’t like it, retire! Small business owners: Wrong Place, Wrong Time

The gov’t is focused on large banks and institutions. If these all fall, there will be no economy left for your small business to even exist. You need to understand this. Running your own business carries much risk. If you don’t like it, retire!

]]> By: Robert Mills http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9735 Robert Mills Wed, 23 Jul 2008 15:33:43 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9735 It is possible that the 5 million unclaimed stimulus checks that are still sitting in the treasury just might have shown a positive result. Why are they sitting there unclaimed? Must submit to IRS's wallet examination first. 5 million just like me said "NO".... Case closed. Bob It is possible that the 5 million unclaimed stimulus checks that are still sitting in the treasury just might have shown a positive result.

Why are they sitting there unclaimed?

Must submit to IRS's wallet examination first.

5 million just like me said "NO"….

Case closed.

Bob

]]> By: Maximus, Rome, MD http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9725 Maximus, Rome, MD Wed, 23 Jul 2008 14:15:29 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9725 The economy is working the way a free market economy should. People complain about the money going to the Chinese, Saudis whoever, but they don't complain about the UTILITY that money provides. When people exchanged their stimulus for gas or durable goods/non durable goods; whatever, they got something in return. Maybe the Chinese or Saudis should complain that they aren't charging MORE. Bob Graham is correct: We are a nation of whinners. The "slowdown" is largely mental. People who complain about the money going to other countries really want to STEAL. Because after all, they got something in return for the exchange of the stimulus check, right? The economy is working the way a free market economy should. People complain about the money going to the Chinese, Saudis whoever, but they don't complain about the UTILITY that money provides. When people exchanged their stimulus for gas or durable goods/non durable goods; whatever, they got something in return. Maybe the Chinese or Saudis should complain that they aren't charging MORE.

Bob Graham is correct: We are a nation of whinners. The "slowdown" is largely mental. People who complain about the money going to other countries really want to STEAL. Because after all, they got something in return for the exchange of the stimulus check, right?

]]> By: Naf Rong Saginaw, Michigan http://fsbfeatures.blogs.fsb.cnn.com/2008/07/15/stimulus-made-no-difference-small-biz-owners-say/#comment-9680 Naf Rong Saginaw, Michigan Tue, 22 Jul 2008 05:26:23 +0000 http://fsbfeatures.wordpress.com/?p=261#comment-9680 Sure the stimulus checks helped...the saudis. Mine went in my gas tank. Sure the stimulus checks helped…the saudis. Mine went in my gas tank.

]]>