Debt: The Devil or the Cure?

The recent credit crisis has changed the playing field for small business owners.  Are we like the stock market novices who are always behind the curve?  Should we never again go to the bank?  How risky is it to finance your cash flow with a line of credit?  Should we defer buying decisions?  Should we have relationships with more than one bank?  Should we get our credit line when we don’t need it or will it be pulled anyway?  The real problem is that no one knows the answer—there isn’t one.