Cash flow issues starting to hurt small businesses

More than half of current small business owners are having some cash flow problems. That’s according to the most recent American Express small business survey of 768 owners of small businesses, defined by companies with fewer than 100 employees.
And unlike other surveys, more than a third are feeling the pinch of a tightening economy. So what are they going to do about it?
Those responding to the survey said they will be accepting lower margins on sales, work longer hours, as well as cut capital and marketing expenses in the near future.
Maintaining current business and sources of revenue (35 percent …read more