Debt relief may be in sight for small business owners in 2021.
Amidst the COVID-19 pandemic, small businesses across central and southern California have had to face the troubling reality of shuttering their businesses for a period of time if they were not deemed essential or substantially cutting back on hours and capacities. This has impacted small business owners everywhere, with some having to close their doors for good […]
Debt can understandably be a scary word, especially knowing that extreme forms can potentially lead to bankruptcy. During this pandemic and the financial challenges that it has brought with it, debt may be impossible to avoid. Before you start to feel hopeless, however, remember that there are two sides to every coin. Believe it or not, leveraging debt is very possible and can actually be a useful tool to help grow your revenue. […]
One in three small businesses in the United States are concerned with government regulation of business forcing you to bankrupt or go out of business all together. Small-business owners have stated in polls that their biggest challenge in the last two years has been government regulations. According to studies, American business owners believe that regulations enforced by the United States government is detracting from their growth. Government regulations on businesses are heavier […]
To answer this question, you have to know what has caused the problems the business now faces and what are the prospects for change. If your business is in trouble, how do you determine if bankruptcy or debt relief is necessary or helpful for your situation?
