While larger businesses are starting to recover, the small business is still under tremendous pressure.
As we enter 2011, we are seeing an unprecedented and ominous pattern in relation to business: “The tale of two economies”, where there are two separate trends occurring.
1. Larger companies are seeing a slow, yet upward ‘recovery’. Some factory orders are up from their all time lows, and there is a small increase in the consumer confidence index.
2. Small businesses, however, are not enjoying the same indicators as their larger counterparts. The number of small business that either closed their doors or declared bankruptcy in 2010 hit a recent record – the many business owners who “survived” 2010 are now looking for any signs of increased business. Meanwhile, they have copied the same tactics as the larger companies, thereby cutting overhead and payroll.slashing costs and shareholders are seeing the benefits, as demonstrated in stock prices increasing.
Due to the economy, at Valcor, our business has never been in more demand. Working with small business owners we are hearing concerns across the board, from lack of slowdown in receivables, lack of financing options as well as the increased cost of goods and services.
Our goal is to help the business owner through the process by providing solutions: Business Debt Mediation. We take the pressure off our client’s business and work with their creditors to resolve the problem, outside of court and the costly litigation. In many cases, we are able to secure financing that will ensure continuous working capital.
Capital Acquisition sources are available through Valcor’s Licensee Training Program. Qualified clients can have access to multiple lending sources ranging from leasing, factoring, loans and financing vehicles. In many cases, Valcor’s clients were unable to secure financing on their own through traditional methods. Now, they have options, through a certified Business Mediation Consultant.
Due to the local business climate, Valcor is now seeking a Qualified Licensees who are looking to start up their own full service financial consulting business.
Valcor’s CEO, David H. Sussman stated in his interview on Money Matters, “The small business owner is under siege. They have reduced expenses, laid off employees and tried to work with their Vendors to prevent litigation. Now, with no cash flow, they are finding their backs against the wall. These are good people who have started, grown and reinvested in a business.”
“It is an emotional and highly stressful time. We take our roll very seriously in helping these businesses get through this challenging. The result is that the business stays solvent, is able to continue working with their vendor or bank and in most cases, have not had to lay off their employees. It is undoubtedly rewarding and gratifying.”
For details on Valcor’s programs, please contact Valcor today.