Starting a business is an exciting time. But the reality is that not all businesses make it, and a time may come when you need to consider filing for bankruptcy.
If so, the first thing to think about is liability—namely yours. If you are a sole proprietor or a general partner in a partnership, then you are personally liable for business debts.… Read more >
Invoice factoring has developed a bit of a dual reputation in the financial and business worlds. On the one hand, it is shunned by people who do not understand it. On the other hand, it has become a welcomed addition to many businesses around the world. Whether you love factoring or you hate it, the truth is has become a cost effective, accessible and reliable way to fund your business.… Read more >
If you decide that selling your business is the right exit strategy for you, be sure that you cover all your bases. In order to sell your business officially, you will need to prepare a sales agreement. This is the key document in buying the business assets or stock of a corporation.… Read more >
“Cash is king” has been a guiding principle of the business world for generations, but does it still ring true in today’s technology-driven global economy? You bet, say financial experts who believe that cash not only rules the business world, it is an essential tool in assessing the strength of your company.… Read more >