A quarter for a sinking ship .....
Who knew ....
according to a new survey from American Express OPEN Small Business Monitor..............
More than one in four (27%) California small-business owners describe their firms as “a sinking ship”
Some results are significantly more negative than six months ago, the monitor notes .......
For example, the 55% planning to expand is down from 85% six months ago ......
Also, 72% of California respondents see “the glass as half full,” down from 85% last spring. Nationwide, 77% see the glass as half full ......
Other California responses:
51% are having cash flow issues, a sign of a business in trouble,
56% say the economy is still in recession, compared to 38% nationwide while 68% see the risk of a double-dip recession
The anonymous telephone survey of small business owners and managers was done from Aug. 12 to Sept. 8 .......
With the MMPI minority shareholders having been forced to sell their MMPI shares for a quarter ......... minority shareholders are now stuck holding non publicly trading sinking MMPI shares .... git errr dunnn ...
You can't fix stupid (more on this later) ...
Another quarter for a sinking ship ...
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