The Business Finance Store Offers Tips for Small Businesses Facing Tough Times

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The Business Finance Store offers some tips for small businesses facing tough times, given the economic climate, to avoid following in the footsteps of Liz Claiborne.

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Liz Claiborne Inc. recently sold its namesake brand (Liz Claiborne) to J.C. Penney for approximately $288 million. Liz Claiborne Inc. hopes to concentrate its efforts on its high-scale brands such as Lucky Brand, Couture and Kate Spade. This is just another example of a company taking necessary action during these tough economic times. While most small companies may not be worth millions, or the size of a “Liz Claiborne,” there are still some takeaways here for the small business owner who may be struggling. In the recent blog post “Liz Claiborne Selling Namesake Brand: Even Big Guys Struggle in an Economic Downturn!,” the Business Finance Store offers some tips for small businesses facing tough times given the economic climate.

Selling off a portion of the company, like Liz Claiborne Inc. did, might not be a via option for the average small business. However, that does not mean that small businesses cannot learn from this large deal. The key is to be prepared and know how to react if a business starts looking like it’s going to go out of business. Read more advice for struggling small businesses at the Business Finance Store blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understands that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes, and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and to achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007 they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store, visit A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.


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Kelly Rye
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