From the National Federation of Independent Businesses website - "NFIB's mission is to promote and protect the right of our members to own, operate and grow their businesses." Only now the growing part is not happening. Take heed and adjust your lookout and pursuit of funding accordingly.
The NFIB's Small Business Economics Trends April edition states quite clearly that it's leading indicators show a recession is coming. The Index of Small Business Optimism fell 3.3 points in March to 89.6
(1986=100), the lowest monthly reading since the monthly surveys began
in 1986 and the lowest reading since the second quarter of 1980 (a recession year) when it was 80.1.
The good news is that the credit crunch on Wall Street doesn't seem to be affecting "Main Street", as cost and availability of borrowing is not a problem.
Takeaway - If you are in a strong position to borrow, now is the time to do so to ride out the slowdown coming up.
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