07-23-2012, 06:16 PM
I teetered on the edge of bankruptcy once. I hand a small manufacturing company with about twenty employees. Business was good enough that I needed to expand. Late 70s. Interest rates hit 21% Nearly killed me. Laying off people you work with every day is very hard. I paid my notes eventually. In the end I was alone sweeping the factory floor myself as I closed it all down.
Assume the best and ask questions.
Punaweb moderator
Punaweb moderator