Surviving in a Down Economy
As we all know, the U.S. economy has taken hit after hit in the past year.
We’ve had plant closings, mass layoffs, bank failures, credit card overruns, government bailouts of ‘too big to fail’ companies, mortgage defaults, etc. You name it; we’ve seen it. The falloff in restaurant/hotel trade (both leisure and business customers), plus weakness at retail and in the industrial sector has made life increasingly challenging for many textile service companies. Even healthcare suppliers are confronted with belt-tightening from customers with rising numbers of patients who can’t pay their medical bills.
Of ...
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