Search result: debt

3 Indicators That Your Company is Insolvent

Your cash flow has taken a negative dive and your company is knee deep in debt. How do you get out of it? It just seems to be getting worse and the bills keep coming and your creditors are knocking ominously at your door. How does a business know that it is in dire straits and desperately wanting f ...

Should You Refinance Your Business Debt?

According to Bing, refinance means “getting new financing: to obtain new financing for something on different terms, often involving the paying off of an existing high-interest loan by means of a new lower-interest one”. In simple terms this means that if you negotiated a business loan ...

6 Steps to Get Your Business Out of Debt Fast

You see the signs of your enterprise heaving under the weight of a ton of debt, and you're wondering how you can get debt help. Rather than tearing your hair out, there are concrete means for your company to be financially stable and successful again.Step one: Budget, budget, and budgetIt is pr ...

Going Green Gets you out of Debt

What do saving the environment and getting your company out of financial debt have in common? A lot, actually. When a company is facing looming failure due to massive debt, a lot of the blame resides in poor financial management and unnecessary expenditure. The normal costs of running a company inc ...

How a Proper Marketing Plan Can Get You Debt Help

A proper marketing plan can help a business at any stage of its development, even when a company ends up in debt. Before even starting a company, a comprehensive business plan should be formulated and from this the target market can be identified. Depending on the budget, the potential market shoul ...

5 Tips to Increase Collections

Lack of cash flow is the major reason cited for new business failure. Collecting past due debts will increase cash flow. A phone call may prompt clients to pay invoices immediately or at least tip the company if a problem exists. Whether collection calls are made by employees from the call center o ...

5 Tax Deduction Answers for Small Businesses

In 2015, small businesses may expect continued strict banking standards for loans. Only 30% of new businesses survive 10 years or more. A lack of funds is the main cause of new business failure. It is important for small businesses to strategize with available funds. These tax strate ...