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What are the costs and other costs for a small business can easily be sponsored by companies for unsecured loans. You can buy the company portal, or build your office, you can buy raw materials and machinery, and hire new employees...] Unsecured Business Loan – no need to worry about security
Nice try but fail.. One can borrow to hire new employees but its done to Boost BUSINESS, not to boost Employees.. Since you are still here posting, does this mean you havent taken it upon yourself to call the unemployment office to offer to hire everyone unemployed locally? Why not?
Agreed, small businesses indeed tend to hire new employees, but they do it to service customers.. NOT TO BOOST EMPLOYMENT...
Quote:
Originally Posted by Buckhorn
Hire New Employees
In most cases, businesses stand to gain from hiring a new employee or two. Try adding a salesperson or two or maybe an assistant that will make you much more effective.
Sure looks like you would be hiring new employees to service a DEMAND.. not to BOOST PAYROLL..
Quote:
Originally Posted by Buckhorn
Of course there other ways to use your merchant cash advance to increase your business. I’ve just listed a few as examples.
One thing you should know about a business cash advance is that they are not cheap. If used wisely they can be one of the best investments you’ve ever made.
As a guy who lives finances and percentage.. I know darn well they arent cheap.. Not sure what this has to do with the topic..
Quote:
Originally Posted by Buckhorn
Now you could contact each one of the companies and tell them that according to pghquest, you do not and never have loaned money to an ER to 'boost' payroll.
No.. You dont borrow money to BOOST payroll, you borrow money to BOOST your income!!
Quote:
Originally Posted by Buckhorn
The subject is settled. Boosting/increasing/expanding/augmenting payroll via loans is a fact of business life in this country.
Ahh nope... You do not borrow for to BOOST payroll... You increase payroll to increase income, THEN borrow
Quote:
Originally Posted by Buckhorn
Are you going to admit that Obama was dead-on with his Boost comment.
Ahh no.. He wasnt even close to "dead on"... he mis-spoke, but the humor is people defending him as accurate when he wasnt..
Quote:
Originally Posted by Buckhorn
I mean I showed you that it is a fact of economic life in America.
As you link me to a story about borrowing "pounds"... A non american denomination.. Thanks for the chuckle..
That stuff you typed...what shame. It doesn't address anything I posted.
Do you always tell a tortured anecdote as a response?
Does this mean you arent coming to pickup the snow in my front yard?
How about hiring? Have you notified your unemployment office that you intend to hire everyone on the unemployment lines in your state yet?
It's occurred to me that every person lauding the Demand side of the supply/demand curve as the very essence of competent business operation/expansion is really anti-supply side.
You people must have been livid with the tax cuts of Bush and Reagan. I mean here we have all this tax money funneled to the rich so that it would trickle down/creating demand where no demand had existed b/c only the Supply Side matters.
But no, you all say, Demand is the sine qua non of sound economic performance.
Low and behold, the foundation of your illogical argument.
Your anti-capitalist mentality and demonizing of demand side economics is clouding your ability to think logically in reality.
Nobody is going to go an get a loan to boost payroll, and no bank is going to lend money to boost payroll, if the damand to support that boost is not there. End of story.
You claim it happens everyday, and it doesn't. Even business lenders have chimed in on this forum that it isn't going to happen.
HOWEVER, the crux of your argument MUST prove that this does and should happen. Left leaning economists will argue that to drive up demand, investment must be made by spending... in this specific argument, by boosting payroll. Reality says, that isn't going to happen. Business owners don't want to assume all of the risk trying to turn the economy around. Which is specifically what Obama is asking them to do.
This thread is proof that Obama and the defend-Obama-through-anything crowd have NO idea how to run a business.
What are the costs and other costs for a small business can easily be sponsored by companies for unsecured loans. You can buy the company portal, or build your office, you can buy raw materials and machinery, and hire new employees...] Unsecured Business Loan – no need to worry about security
Hire New Employees
In most cases, businesses stand to gain from hiring a new employee or two. Try adding a salesperson or two or maybe an assistant that will make you much more effective.
Of course there other ways to use your merchant cash advance to increase your business. I’ve just listed a few as examples.
One thing you should know about a business cash advance is that they are not cheap. If used wisely they can be one of the best investments you’ve ever made.
Merchant Cash Advance - Get High Returns on your Business Cash Advance (http://easymerchantcashadvance.com/high_returns_on_your_business_cash_advance.php - broken link)
Now you could contact each one of the companies and tell them that according to pghquest, you do not loan and never have loaned money to an ER to 'boost' payroll.
The subject is settled. Boosting/increasing/expanding/augmenting payroll via loans is a fact of business life in this country.
Are you going to admit that Obama was dead-on with his Boost comment.
I mean I showed you that it is a fact of economic life in America.
One major factor that you aren't considering.
DEMAND ISN'T THERE
Show a bank a net loss statement for the previous fiscal year, and then tell them you want to hire more employees. With recievables down, demand down, and supply up... the bank would say "huh?"
You have to ignore the current state of the economy for what you are saying to be correct. In an enviornment where supply is large, and simple working capital is low, it makes sense to boost payroll through various types of credit to increase production. That doens't however make sense in a slow economy. Cost should be reduced to slow pace to level with demand.
What essentially Obama is trying to say is, that the economic recovery is in the hands of the private sector, and in order to make that recovery happen, they should take risk getting credit to hire more people. Which is exactly what you DON'T do in a slow economic climate.
Obama's expectation of the responsibility of small business to assume risk to help the economy improve is not going to happen. The statement looks inexperienced and more importantly ill-advised.
Its the way of the left though, if things are rough, throwing more money at it will fix it. That doesn't however work, and now that the private sector has no more money, and now that the government is broke, Obama is asking them to throw credit at it.
Nice try but fail.. One can borrow to hire new employees but its done to Boost BUSINESS, not to boost Employees.. Since you are still here posting, does this mean you havent taken it upon yourself to call the unemployment office to offer to hire everyone unemployed locally? Why not?
Agreed, small businesses indeed tend to hire new employees, but they do it to service customers.. NOT TO BOOST EMPLOYMENT...
Sure looks like you would be hiring new employees to service a DEMAND.. not to BOOST PAYROLL..
As a guy who lives finances and percentage.. I know darn well they arent cheap.. Not sure what this has to do with the topic..
No.. You dont borrow money to BOOST payroll, you borrow money to BOOST your income!!
Ahh nope... You do not borrow for to BOOST payroll... You increase payroll to increase income, THEN borrow
Ahh no.. He wasnt even close to "dead on"... he mis-spoke, but the humor is people defending him as accurate when he wasnt..
As you link me to a story about borrowing "pounds"... A non american denomination.. Thanks for the chuckle..
Those are american sites.
The humor is in the efforts of people like you to delude yourself into thinking that common business practices don't happen b/c gosh darn it Obama said something that must be ridiculed. It never seems to cross your mind that the statement is factual.
You just cut loose.
I think you are being ridiculous with your comments.
No bank makes small business loans to 'boost' payroll?
Your claim is ridiculous on its face.
Look, go to page 6 and look at the testimony of the president of American Enterprise Bank. See the part where he's talking about business loans to boost payroll. He uses the words "boost payroll".
Show a bank a net loss statement for the previous fiscal year, and then tell them you want to hire more employees. With recievables down, demand down, and supply up... the bank would say "huh?"
You have to ignore the current state of the economy for what you are saying to be correct. In an enviornment where supply is large, and simple working capital is low, it makes sense to boost payroll through various types of credit to increase production. That doens't however make sense in a slow economy. Cost should be reduced to slow pace to level with demand.
What essentially Obama is trying to say is, that the economic recovery is in the hands of the private sector, and in order to make that recovery happen, they should take risk getting credit to hire more people. Which is exactly what you DON'T do in a slow economic climate.
Obama's expectation of the responsibility of small business to assume risk to help the economy improve is not going to happen. The statement looks inexperienced and more importantly ill-advised.
Its the way of the left though, if things are rough, throwing more money at it will fix it. That doesn't however work, and now that the private sector has no more money, and now that the government is broke, Obama is asking them to throw credit at it.
Terrible terrible idea.
Look, go to page 6 and look at the testimony of the president of American Enterprise Bank. See the part where he's talking about business loans to boost payroll. He uses the words "boost payroll".
That isn't the disagreement. Business use loans to provide operating capital all the time, yes, but not in **** poor markets with low demand.
As I pointed out before, you are making a blanket assumption that you know the markets better than the ERs. There are literally thousands and thousands of markets.
How can you gauge those markets better than ERs in the business.
Look, go to page 6 and look at the testimony of the president of American Enterprise Bank. See the part where he's talking about business loans to boost payroll. He uses the words "boost payroll".
In certain market conditions, yes, it does happen. But not when the economy and demand is down.
You said earlier that you own a business. How many employees have you hired since Q3 2009?
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Why not?
