Anxiety pervades the small-business community of Texas and the rest of America. Owners are struggling to make payroll, to build inventory, to keep the doors open another day.
Over the past year, the mortality rate has accelerated, and you can see evidence of that on Main Street of any city or town across the country, where there are “For Rent” signs and empty windows.
Despite the much-publicized bailouts of giant firms with staggering economic stimulus plans, there has been little financial assistance from the federal government for small business. Now, however, President Barack Obama has unveiled a $15 billion recovery plan that leaves many small-business owners wondering whether it’s a classic case of too little too late.