The S&P downgrade has thrown American consumers in a tizzy of worry. However, for business managers, debt is essentially an cheap way to gain access to capital. Howbeit, the concept of using debt to ones advantage does seem negative but when it is broken down it does not come off as profiting off of tragedy. In the end, debt is just a risk reward game and it comes down on the business owner to balance the scale.
In this episode of TPN Finance I discuss what debt really means for business leaders, how to capitalize off it, and even what the current S&P downgrade could mean for small businesses.
Here is the link to the interview - http://thepulsenetwork.com/business/tpn-finance/08-11-11-episode-79/