Friday, June 19, 2009

Small Biz Casualties

We've read and heard a lot over the past six months about the big auto companies and their downfalls.

But what hasn't gotten much attention are the nearly 11,000 small companies that make parts to go into those auto production lines. They are typically family-owned enterprises with a few dozen employees, many of them clustered in the Upper Midwest.

I write about the future of those small tool-and-die and machine shops in this week's Smart Answers column.

Despite what could be a gloomy outlook for companies whose products are closely tied to failing corporations, there is a silver lining for the small firms that are willing to hustle and open to change.

In this week's In Box column, I answer questions about quarterly taxes and how companies can continue doing good even when money is tight.

Check them out!

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