PSA

[velvetpage]

Through no fault of their own, it looks like Babylegs is struggling to stay in business - basically, the credit that they use to float big orders like Target has dried up in the economy. So, if you have or know someone who could use some of these, now's the time to stock up - and hopefully save a business while you're at it.

I think it's nasty that the people with bad business practices are getting huge bonuses while small companies with decent management and a worthy product get forced out of business because the banks change how much credit they have access to.

Comments

[zorinlynx.livejournal.com]

I blame the banks themselves; there's no reason to start denying credit to companies that have always been responsible with credit.

It's as if they canceled my credit card even though I use it ultra-responsibly. I've heard of people getting their cards yanked for no particular reason. They pay their bill on time and everything but the bank suddenly decides "Oh yeah, you're now a credit risk."

Bastards. They're the ones causing half this mess.

[momentrabbit.livejournal.com]

There is - sorry, was - a store local to me that specialized in low-sugar treats. And the owner actually knew what she was talking about - her husband is diabetic, so she'd done a lot of research, understood that 90% of the 'low sugar' processed foods and treats are high-fat or high-protein which have to be strictly monitored, and knew full well what too much sugar alcohol will do to a person's guts, and actually gave an unbiased opinion of what she thought tasted good, and tasted.. ick. Also carried several lines of carb-locked pasta, had xylene and stevia sweeteners, etc. Hell, she had Heinz 1-carb ketchup, which I've never seen anywhere else. Her profits were good, her customer base was increasing. She was succeeding.

Then the economy started to crater last summer. Her suppliers began putting *huge* minimum order requirements - it costs less for them to handle large order and ship, and forces more income for each order. Which is fine, if you're WalMart and you need a few tonnes of low-carb cookies with a one-month best-before - you can distribute them to your stores and sell them all. She was one small store without much storage and nowhere near the traffic to handle that sort of 'move it before it spoils', even if she could afford the order - and with the credit freeze, she couldn't. And her suppliers also reduced their product lines, cutting the variety she could offer. Less product, fewer choices, more spoilage, fewer companies that would deal with 'small businesses' at all...

She closed up shop a few weeks ago, and we miss her. :( In short,

"I think it's nasty that the people with bad business practices are getting huge bonuses while small companies with decent management and a worthy product get forced out of business because the banks change how much credit they have access to."

I don't think it's merely nasty; I'm increasingly thinking it should be criminal.