What happens when business is good but credit access, not so good

President Obama announced action today to try to thaw the credit freeze affecting many businesses. Thanks to Diane for pointing out a story that brings it home: KING5 has an update today on BabyLegs, headed by a West Seattle entrepreneur. Business is booming, the story notes (see it here), but the challenges of getting credit have forced BabyLegs to lay off some workers in the meantime, according to the TV story.

4 Replies to "What happens when business is good but credit access, not so good"

  • Janessa March 16, 2009 (3:09 pm)

    uh…. read the article comments on King5. Does Ms. Donnelly really have a spending problem?

  • beachdrivegirl March 16, 2009 (3:49 pm)

    Janessa I was just reading those comments myself and wondering the same thing…

  • JimmyG March 16, 2009 (6:33 pm)

    KING5 should really give full disclosure and say where they got the idea for this story.
    KUOW did this almost exact same story on “Babylegs” at the beginning of March.

    Long live public radio.

  • GenHillOne March 16, 2009 (9:59 pm)

    I wouldn’t begin to know anything about the business’/owner’s finances, but hadn’t heard of Babylegs until the Smallclothes story on the homepage. I went to their website and saw they were leg warmers originally invented when the creator’s daughter needed to go without a diaper because of a rash. Okay, that happens. But then I saw the photos promoting all the ways to wear them – including on an adult man’s arms – I had a definite “ewww” moment. Yeah, yeah, I know about washing machines, but something about the transfer of clothing from the area below a diaperless bottom to the area above my hands really is disturbing. Call me immature, but it grosses me out.

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