Managing your business’s cash flow is a crucial part of surviving a turnaround. The better cash flow the business has, the more maneuverable it is. Managers must include cash flow in each stage of the turnaround plan. Developing a turnaround plan early improves...
Purchasing an existing business or franchise can be an overwhelming process. This type of business venture is often time-consuming and complex, and you’ll want the right person helping you so you make all of the right decisions. First, you need to figure out how to...
There’s an old military saying that holds true in business: “No plan survives contact with the enemy.” Regardless of how carefully and well-thought-out your business plan, things can always go wrong. If we’ve learned anything from 2020 and the worldwide pandemic, it...
While bridge lending was first developed for the housing market, businesses large and small are now seeing benefits from bridge and other forms of “hard money” financing. If you find yourself in need of fast cash to meet a business obligation, purchase a new...
