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The Seattle Times.

This article appeared in my local paper, The Seattle Times. It discusses the business side of opening a restaurant, financing and failure rates. I financed one of these (I won’t tell you which one for privacy reasons) but it’s quite a success story and when I drove by it this week I felt proud of my contribution to their success.http://seattletimes.com/html/foodwine/2019572560_pacificpdineout11.html How have the topics this class helped you know what you would need to think about if you were to open a business? (Please confine your responses to finance, not marketing or operations.)
2. http://www3.cfo.com/article.cfm/14520386 This article underscores the reliance of small businesses on banks, and with so much of US business growth coming from the small business sector, you can understand how a contraction in the small business lending sector can impact the economy and the GDP of the US.
3. Small business lending was extremely curtailed during the 2008-2010 recession and it can be argued that the lack of lending contributed to the length of the recession and slowed the recovery from the recession and is still an issue in 2015. Discuss the reasons and solutions. Would more SBA programs or public/private partnerships help with this problem?

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