With the onset of COVID and its economic consequences, businesses and enterprises from all sectors of business are having to rethink their strategies as well as how to continue daily operations. Focusing on crisis preparedness is challenging even when things are going well, and much more …
Business Debt Articles and Interviews (tag)
Business Scaling the Right Way: Mistakes to Avoid
After the initial stages of establishing their businesses, most entrepreneurs think about scaling. However, like most aspects of business, scaling doesn’t come without its challenges. There are a myriad of unforeseen difficulties that force you (as a business owner) to make very tough …
Simple Steps to Manage Debts in Business
Running a business is no cakewalk. We are not only talking about the complex decisions to be made daily, but also about the management of money that flows in and out of the various channels driving the business. Arranging funds to keep your business venture afloat, managing the finances, delivering …
How to Maximize Finances Even with Debt
A debt consolidation loan just might be the thing you need in order for you to be able to have a better grasp of your finances, even if you have current debts you need to pay off. You could manage and maximize your finances better because you would only have one single debt to pay-off. Not only …
Debt and Liability: When Are You Liable for Business Debts?
When your company has difficulty catching up on the bills, you'll start to worry about creditors coming after your assets. There can be a big difference between personal and business assets, but when you're personally liability depends on a number of factors. Sole Proprietorships and Partnerships If …