By now it should be clear to all business owners and managers that the world didn’t end last fall and that there are, in fact, very good opportunities emerging. If you are a small hotel or motel owner and take what you hear in the media at face value, you would probably have just closed [...]
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Was there a better way to handle the collapse of GM and Chrysler?
I know, everyone has 20/20 hindsight. Mea culpa. That being said, the idea of bailing out failing businesses doesn’t sit well with me. The market delivered its assessment on General Motors and Chrysler. They have been in decline for a number of years. I’m fairly sure that most businesspeople felt similarly uneasy with the bailout. [...]