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What Are You Going to Do with That Extra Money?


Business investment plans related to the stimulus package...

If you live in the United States, you no doubt know about the economic stimulus package that is giving tax rebates to over 130 million working American households.

Businesses all over the country are working on plans for how to use that money, and the White House thought it would be interesting (and it kind of is) to share what some of these businesses intend to do with the extra money.

President Bush met with a number of SMB owners Monday and discussed future plans directly related to the stimulus package.

Businesses taking advantage of stimulus package9 business owners explained plans that they intended to accomplish as a result of having some extra money.

A meat processing plant here in Kentucky plans on buying deer processing equipment to expand it's business into the deer meat market.

A Virginia-based IT firm is moving into a better office and getting new servers and other equipment.

A family-owned apple (the fruit) product business is getting new ovens, furniture, cash registers and more.

I'm not going to go into every one that was mentioned, but the stimulus package is probably getting some wheels turning in your head isn't it? What kind of investments do you plan to make to enhance your business?

Is there anything you've been wanting to do for a long time, but haven't been able to afford until now? We'd love to hear about it in the comments.

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About the author:
Chris is a content coordinator and staff writer for SmallBusinessNewz and the iEntry Network. Subscribe to SmallBusinessNewz RSS Feeds.

Comments

It'll bring some relief, but...

Many economist experts agree that the government stimulus package plan won't deter or solve the economy crisis already upon us. They say this money should not be spent the way uncle Sam's intended. Instead, I believe it will be used to pay outstanding debts or better yet, deposited into savings accounts. In my case, it will be used to ease the burden that borrowed money brings a bit.

Javier
www.takeoffzone.com

Debt Payoff

Yes, paying off debt will no doubt be a popular choice for what do do with the money. I do think many business owners will put their share right into their businesses.

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