Thursday, October 3, 2013

Small Business Slammed By Shutdown

As we head into Day 3 of the government shutdown, Succeed members describe how the political impasse is affecting their lives, jobs, and overall outlook. How will the government shutdown impact your small business?http://lnkd.in/b53Xt-v 

• “I happen to be a contractor for the federal government, a single parent and a recent widow, so this is going to impact me seriously... I always had two incomes to rely on so the other shutdowns did not impact me, but with the recent death of my husband in February, I am the only income supporting the family.” – Melissa Luppino 
http://www.linkedin.com/pub/melissa-luppino/22/5ab/a35/ 

• “It will definitely impact my business. Our location is not far from D.C. and quite a few people who live in our county work for the government and/or for a company that have contracts with the government. It would be pretty bad for our area and my business that is still recovering from the recession.” – Lorrie Anderson 
http://www.linkedin.com/pub/lorrie-anderson/10/603/7a4/ 

• “It will not hurt my business at all. However, my fiancee owns a daycare and more than half of her parents are military. They are already telling her they may not be able to pay her at the end of the week.” – F. Michael Ritchie
http://www.linkedin.com/pub/f-michael-ritchie/40/33a/919/ 

• “I do believe that every business is going to be impacted in some way whether directly or indirectly because the stock market immediately reacts to something like this and people immediately react to the stock market—they tend to tighten the belt or make different decisions with their money.” – Savita Krishnamurthy
http://www.linkedin.com/pub/savita-krishnamurthy/4/300/136/ 

• “We saw a major decrease in patient appointments the day of, as patients didn't want to pay copays and deductibles and other patient responsibility if no social security checks were being issued or paychecks for government jobs.” – Ro Silva 
http://www.linkedin.com/pub/ro-silva-cpm/53/347/815/ 

Has your small business already been affected by the shutdown? How are you preparing for a potential slowdown in business? Join the convo here:
http://lnkd.in/b53Xt-v 

Other top Succeed discussions include:

• What products and services do you think will have higher demand due to the government shutdown? 
http://lnkd.in/bRghV-5 
• Are word-of-mouth referrals still the best way to grow your business?
http://lnkd.in/b2EfF5M 
• Looking to start a new business from home but scared of everything. Any advice? 
http://lnkd.in/btKtyEw 

No comments:

Post a Comment

YVISA Designs encourages you to add a comment to this discussion. All comments will be moderated and reviewed by YVISA staff. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. By submitting your comment, you hereby give the YVISA the right to reproduce or republish comments